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PNB Scamster Nirav Modi Tracked In London

Billionaire thief Nirav Modi was spotted walking in the streets of London, British newspaper “The Telegraph” shared a two minute clip.

The diamond merchant is wanted in India for committing a bank fraud of over INR₹ 13,000 crore.

Mr. Modi continued to evade questions of the journalist, he made attempts to walk fast to lose the reporter but finally he’s seen leaving the area by boarding a cab. Nirav Modi refused to answer any questions, he said “no comments” at least six times.




The Telegraph reported that Nirav Modi was living in an GBP£8 million apartment in London’s West End, and the rent is believed to be  INR₹ 17 lakh per month.

Modi also is believed to have started a new diamond business in Soho, a posh area in London. Nirav Modi was dressed in a US$ 10,000 Ostrich hide jacket and a pink shirt, sporting a beard.

He and his uncle Mehul Choksi are the prime accused in the Punjab National Bank INR₹ 13,000 crore scam. Choksi holds a citizenship of Antigua and Barbuda, the duo left India in January last year before scam broke out.



An extradition request is pending with the United Kingdom government, a red corner notice was also issued against Modi. The UK authorities were suppose to arrest him for the extradition process to start however, the UK government hasn’t taken any such action as yet. India’s Enforcement Directorate has sent multiple reminders to the UK authorities.

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