Fugitive Nirav Modi is roaming freely in London, starts new diamond business in different name


A British newspaper has tracked down the fugitive diamond trader Nirav Modi down in London. Modi, a close friend of Prime Minister Narendra Modi, is believed to purchased a house worth 8 million British pounds in London’s West End. Modi is also believed to have started a new diamond business under new name.

Nirav Modi

London’s The Telegraph newspaper confronted him in the British capital and posed questions on his escape from India as well as India seeking his extradition. To every question fired by the The Telegraph newspaper, Modi either responded with silence or ‘sorry no comments’ replies.

All throughout the reporter’s confrontation, Modi tried to find a black cab for himself until he finally managed to get one.

Posting a short video of its reporter’s confrontation in the heart of London, The Telegraph tweeted, “Exclusive: Telegraph journalists tracked down Nirav Modi, the billionaire diamond tycoon who is a suspect for the biggest banking fraud in India’s history.”

In the video, Modi is seen as having grown a beard and moustache, seemingly in a bid to hide his new identity. The newspaper revealed that the 48-year-old businessman is living near London’s most iconic location, Oxford Street. The Interpol has already issued a Red Corner notice as India seek his extradition.

“Modi appears to have adopted a surprisingly nonchalant attitude to his fugitive status, walking his small dog each day between his apartment and the diamond company’s office in a townhouse in Soho, just a few hundred yards from his Centre Point home,” reported The Telegraph.

According to the newspaper, Modi has bought an apartment, nearly half a floor, in Centre Point in Tottenham Court Road, which is located at the end of the Oxford Street. The three-bedroom apartment has cost him eight million pounds.

Modi and his uncle Mehul Choksi fled India after being accused of defrauding the Punjab National Bank for thousands of crores of rupees in January last year. The news came as a huge embarrassment since Modi was posing with the Indian prime minister at the World Economic Forum days before the PNB scam broke. They are accused of misusing credit instruments and guarantees of Punjab National Bank by forging documents.