Nirav Modi is in London, has started a new diamond business


While fugitive diamantaire Nirav Modi has an extradition and Interpol red corner notice against him, he is reportedly living a life of luxury in London.

In the Telegraph video interview, taken as he is leaving his Soho office, Modi replies "Sorry no comment" when the Telegraph reporter asks him if he has got political asylum in the United Kingdom and repeats this when asked, if he is the subject of an extradition request and whether he is still trading in diamonds.

The CBI is awaiting a response on its extradition request which was sent to the United Kingdom through the External Affairs Ministry in August previous year after the confirmation from London that Mr. Modi was in their country, agency spokesperson Nitin Wakankar said.

The British government seems to be turning a blind eye to India's most wanted fraudster, Nirav Modi, who found a safe harbor in London, despite an Interpol Red Notice and Indian authorities' demands for his arrest and extradition.

The statements by ED and MEA come a day after a Britain-based newspaper claimed that Modi is living in an eight-million-pound apartment in the London's West End.

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The Indian authorities accused Modi and his uncle, Mehul Choksi, of fraudulently getting Punjab National Bank Letters of Undertakings, then using these to take out loans from overseas branches of Indian banks in February 2018.

Modi, a stubby man with a moustache and thin hair, is seen responding with a straight face in a video posted on Twitter by the Telegraph. Nirav Modi is on run as he is wanted by agencies in India in Rs 13,000 fraud case. The request, according to a TOI report, is still on Sajid Javid's desk who has to decide whether to certify that request and send it to the English courts.

The flat occupies half of a floor of the landmark Centre Point tower block with views across London, the report said, adding that the monthly rent for a property like this was understood to be about £17,000. Later, India asked Britain to extradite him after reports said he had entered that country. The business is close to his home and was incorporated last May. Sporting a beard, a pink shirt and what the newspaper described as an "ostrich leather" jacket, Modi was confronted by a reporter.

The diamond tycoon is seen walking down the streets of London, repeatedly saying "sorry, no comment" to questions by a Telegraph reporter on his extradition status, how long he intends to stay in London and about his business partners.