Indian diamond billionaire Nirav Modi tracked down to swanky London apartment

Actress Naomi Watts and luxury jeweler Nirav Modi left attend a dinner to celebrate the opening of the first Nirav Modi boutique in the US on 8 September 2015 in New York

This is despite Interpol's red notice serving as a request for the British government to find Modi and arrest him ahead of an extradition. On February 26, the Enforcement Directorate attached properties of Nirav Modi and his associate companies to the tune of Rs 147 crore in connection with its ongoing probe into the case. The businessman fled India in January 2018, days before a scam was unearthed, in which the Punjab National Bank accused Modi and his maternal uncle Mehul Choksi of cheating the bank of Rs 13,600 crore. His extradition case will now be further evaluated by the court, which might issue a provisional arrest warrant against Nirav Modi soon.

The Congress slammed the government on Saturday over the media report, accusing Prime Minister Narendra Modi of running a "fraudster settlement yojana" for such fugitives. "All necessary steps are being taken for the extradition of Nirav Modi".

"When the Telegraph spoke to him, he (Modi) was wearing a jacket made from Ostrich hide, costing at least £10,000", the report said.

Modi and Choksi, who have both denied wrongdoing, left India before the details of the fraud became public.

It has now approached the Interpol for a Red Corner Notice aimed at bringing Nirav Modi back for facing trial in the cases against them, the sources said.

More news: European deal to help UK banks manage Brexit

According to The Telegraph, Modi is living in a "three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, with views across London".

Modi, 48, is now living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, where rent is estimated to cost 17,000 pounds a month, as per the British Daily report.

"The business, which was incorporated last May, is linked to his flat in Centre Point although he is not listed as a director at Companies House", the Telegraph reported, wondering how Modi's presence remained unnoticed by the British authorities. Nirav Modi has also got UK's Nation Insurance Number, which is normally provided to United Kingdom nationals only and allows people to do business, carry out bank transactions, etc, legally.

The fugitive diamond merchant, who has been on the run since February 2018, has been found to be doing diamond business in one of the best and high-end markets of London despite India's efforts to bring him back. He is also seen avoiding every question posed at him, saying "no comment".

Related News:



Most liked

Barrett scores 28, No. 4 Duke outlasts Wake Forest 71-70
RJ Barrett is averaging 23.3 points and 7.4 rebounds while Zion Williamson is averaging 21.6 points and 2.2 assists. Wake Forest early due to a hip issue, but had scored 29 points in Duke's previous two games total.

Jennifer Lopez and Alex Rodriguez are engaged
Jennifer Lopez and retired baseball great Alex Rodriguez have been one of the most glam celebrity couples in recent years. Rodriguez reportedly proposed to Lopez on Saturday during their vacation in the Bahamas, according to People .

India slams Pakistan action against militants, South Asia News & Top Stories
The next day Pakistani aircraft shot down at least one Indian aircraft and captured its pilot after it violated the airspace. Pakistan said the strike only damaged three trees in a forest.

Shamima Begum: 'Unconfirmed reports' baby son dead
Begum's child, Jarrah, passed away following what appeared to be a lung infection, the BBC reported a local paramedic as saying. As her child was born before she was deprived of United Kingdom citizenship, the baby would still be considered British.

Captain Marvel Makes Over $20.7M In Thursday Previews
Overall, though, Captain Marvel is worthwhile for younger viewers - both girls and boys - because she's a great role model. The Captain Marvel end credits show the moment she appears in the Avengers lab. "I don't know how it's any different".

The Top 10 CAPTAIN MARVEL Stories You Should Read
Rotten Tomatoes has since announced it will now prevent commenters from registering reviews before a film's release date. She also pushed a Jeep up a hill for 60 seconds! But the heart of the film may be the deep bond between Carol and Maria.

Tottenham's Pochettino gets two-game ban for improper conduct
Tottenham now go into the quarter-final and semi-final draws, taking place on 15 March at 12:00CET in Nyon. To understand their achievements, you must appreciate the context of their performances.

Paul Manafort to be sentenced in Va. court
There's been speculation that the president, who has expressed sympathy for Manafort , could pardon him former campaign chairman. Manafort: "The last two years have been the most hard years for my family and I", Manafort told the judge before sentencing.

Australian radio station bans Michael Jackson songs following paedophilia allegations
Sonshine FM was the only Perth-based radio station to say it had pulled Jackson from the airwaves following the release of the Leaving Neverland documentary.

Trump serves fast food feast to another football team
ASSOCIATED PRESS Trump was given a jersey by the football team in the state dining room of the White House. Despite the food, championship ceremonies went on as planned at the White House.

10/3 podcast: How Wilson-Raybould's testimony could hit the Trudeau Liberals
March 1 - Trudeau makes longtime MP Lawrence MacAulay his new veterans-affairs minister as part of a minor cabinet shuffle. In response, Wilson-Raybould said she wasn't going to interfere in a decision by prosecutors to not pursue a plea deal.

Tiger Woods Props: Yes to win Major +300
Woods has not withdrawn from an event for two years and has been in the top 20 in all of his three events this year. Mitchell finished nine under - one shot ahead of Brooks Koepka and Rickie Fowler - at PGA National in Florida.

Sarri praises Kepa's 'reaction' after return to Chelsea side against Fulham
Sarri said: "We were trying to involve Tottenham in the fight and I think that now they are involved". This season may still turn out to be a successful one, but it hasn't been without it's difficulty.

Cohen 'Lied About So Many Things,' 'But He Said No Collusion'
Trump, including hush money checks to coverup his affairs with women, among other misdeeds. Only, unlike Alexander's single bad day in the children's classic by Judith Viorst, Mr.

US, China closing in on a trade deal
The president has twice delayed more than doubling duties on goods to give the two sides more time to strike a broad trade deal. A representative for the White House said they had no comment on the ongoing negotiations.