Published: Sun, March 10, 2019
World Media | By Shelia Harmon

Nirav Modi living freely in £8 million flat in London: UK newspaper

Nirav Modi living freely in £8 million flat in London: UK newspaper

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".

Congress president Rahul Gandhi on Saturday took a swipe at Prime Minister Narendra Modi saying that the recent video of the PNB scam accused Nirav Modi in the United Kingdom shows an "uncanny similarity" between the two as both "believe they are above the law". A team of journalists from The Telegraph tracked down Nirav Modi and even shared a two-minute clip of the same.

Separately, he is being sued in the State of California for defrauding 4.2 million dollars from Los Angeles entrepreneur Paul Alfonso; in October 2018, Modi sold two custom diamond engagement rings to Alfonso that turned out to be lab diamonds. Modi is living in a luxurious apartment situated in London's West End.

"Request for extradition of Nirav Modi to India was sent in July 2018 to the UK".

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 government can not extradite Nirav Modi just because he has been spotted in London, Ministry of External Affairs (MEA) Spokesperson, Raveesh Kumar, told ANI in an interview.

The ED has till date attached properties worth Rs 4,765 crore of Choksi and Nirav Modi. Jewellery firms headed by him and his uncle, Mehul Choksi, are accused of cheating Punjab National Bank by raising foreign credit using fake guarantees.

Despite his bank accounts being frozen by the Indian authorities and an Interpol red notice being issued for his arrest, Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now involved in a new diamond business based in London, the report said.

Meanwhile, Modi's sprawling seaside bungalow at Kihim beach in Maharashtra's Raigad District was demolished with explosives on Friday for flouting the Coastal Regulation Zone (CRZ) norms.

The daily "The Telegraph" from London on Saturday has published an exclusive report on Nirav Modi being spotted in London. "It is not clear why the British government has given him a national insurance number and yet has apparently failed to act on the Interpol red notice", The Daily Telegraph said. Modi has been able to operate online bank accounts in the United Kingdom, and is in touch with a wealth management company in West London. National insurance numbers are required to legally work in the UK.

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