Indian diamond billionaire Nirav Modi tracked down to swanky London apartment

Indian diamond billionaire Nirav Modi tracked down to swanky London apartment

"Modi was given a National Insurance number in recent months by the Department for Work & Pensions and has been able to operate online bank accounts in the United Kingdom while wanted by Indian authorities", the publication reports, citing a well-placed source in the government.

The UK Home Secretary's office moved the extradition file of fugitive diamond merchant Nirav Modi to the Westminster Court in London two days back on March 7, finding his case "fit for extradition".

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.

In December previous year, the Debt Recovery Tribunal (DRT) served notice to Nirav Modi, his family members and his companies to recover over Rs 7,000 crore owed to Punjab National Bank (PNB).

The Telegraph report further stated that Nirav Modi against whom a Red Corner Notice has been issued by the Interpol has been living in the city's West End area and has even started a new diamond business.

Modi and his uncle Mehul Choksi, who are wanted in India for loan default, fled the country in the first week of January a year ago after their companies were found cheating the state-run PNB of Rs 14,000 crore. "You are wrong if you think we are not pursuing Nirav Modi case, just like we were the Vijay Mallya case".

Nirav Modi reportedly takes a daily walk from his home to the office with his dog, he is not easily recognisable due to his changed looks.

He added, "At repeated intervals, a request for expediting the extradition has been done". He alleged that Modi had snatched people's money from ordinary people and gifted them to Nirav Modi. While slightly altering his appearance with a handlebar mustache, the man has been recorded strolling to and from his new business office in Soho, which specializes in the diamond trade.

Nirav Modi, 48, is now living in a three-bedroom flat in the Centre Point tower block, where rent is estimated to cost £17,000 a month, reports the Telegraph.

A source told the Telegraph that he had been given a National Insurance number, meaning he can legally work here, and has used British bank accounts. The newspaper also posted a video where the absconding bank-fraud accused, sporting a 10000-pounds (Rs 9 lakh approximately) Ostrich Hide jacket, is seen responding to a volley of questions with repeated "No comments". He is also seen avoiding every question posed at him, saying "no comment".

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