As per reports, fugitive billionaire Nirav Modi , who is the main accuse in the multi-crore Punjab National Bank fraud in India, is living in a luxurious apartment in London’s West End and running a diamond Business.
The reports pointed that he is living in an 8 million pound apartment in London. Last year on July, India had asked Britain to extradite Nirav Modi along with his uncle Mehul Choksi, as both businessmen forged bank guarantees to take loans overseas. On Saturday, Foreign Ministry spokesperson Raveesh Kumar said that the government knew that Mr Modi was in London.
He said that “Just because Nirav Modi has been spotted doesn’t mean he will be brought back immediately,” and added that they are waiting for UK to respond.
Request for Extradition of Nirav Modi to India was sent in July 2018 to UK. The UK Central Authority of Home Office has confirmed that the Extradition Request has been sent to the Westminster Magistrate Court for the District Judge for further proceedings.
— ED (@dir_ed) March 9, 2019
The opposition parties had took this chance as an opportunity and hit at Prime Minister Narendra Modi , for going slow on bringing back the businessmen who left the country after defaulting on loans.
Congress spokesperson Randeep Singh Surjewala said that “Impossible is possible under Modi. It seems that Modi ji is running bank fraudster settlement company.In five years Rs 1 lakh crore has been robbed by the fugitives and you were unable to catch them,”