Aware that Nirav Modi is in United Kingdom, extradition requested
Mar 10 2019
India is awaiting a response from the United Kingdom (UK) to extradite fugitive diamantaire Nirav Modi wanted in the Rs 13,500 crore Punjab National Bank (PNB) fraud case.
The opposition attack came after a video released by the UK's The Telegraph newspaper showed Nirav Modi walking freely on the London streets. We have been aware of his presence in UK.
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 48-year-old bank fraud fugitive who faces an Interpol red corner notice is now subject of an extradition request by India.
According to The Telegraph, Nirav is now involved in a new diamond business run from an office in Soho, a few hundred yards from his new flat in West End.
"Modi looks like a terrorist", she alleged, while speaking in Telugu. "You are wrong if you think we are not pursuing Nirav Modi case, just like we were the Vijay Mallya case".
"All necessary steps are being taken for the extradition of Nirav Modi".
The ED and the CBI are investigating Modi, his uncle Mehul Choksi and others for alleged money laundering and corruption to perpetrate the alleged scam in the Brady House branch of the PNB in Mumbai that was unearthed past year.
He added, "At repeated intervals, a request for expediting the extradition has been done".
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.
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.
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 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". This firm was incorporated in May previous year and is linked to the flat.
"He has also been in contact with a wealth management company based in west London, which specialises in advice to rich foreigners", the report said.