Billionaire Jeweller and India’s most wanted man Nirav Modi has reportedly been seen in London. A video released by a British daily shows Nirav Modi, the prime accused in the multi-crore PNB fraud, living in a luxury flat near Oxford Street and has reportedly started a new diamond business in Soho.
The Daily Telegraph tracked Modi down to three-bedroom £8 million apartment occupying half a floor within the luxury skyscraper called Centre Point off Tottenham Court Road, where rent is understood to be £17,000 a month. The newspaper also claims that he was now involved in a new diamond business, just a few hundred yards from his swanky apartment.
The 48-year-old billionare has claimed he has done nothing wrong and that the Rs 14,000 crore scam was a "civil transaction" which was now being blown out of proportion.
Modi and his uncle Mehul Choksi, who are wanted in India for
loan default, fled the country in the first week of January last year after
their companies were found cheating the state-run PNB of Rs 14,000 crore. The
duo has not returned to India since then despite repeated summons from probe
agencies and courts.
In the video, a healthy Modi has grown a handlebar moustache. Indian government sources and other top sources have told TOI that Modi is believed to have undergone plastic surgery in London in a bid to escape extradition.
Responding to the latest reports of him being spotted in London, the ministry of external affairs spokesperson, Raveesh Kumar, said, "All necessary steps are being taken for the extradition of Nirav Modi. We have been aware of his presence in UK. It (extradition request) is under their (UK Govt) consideration."