Absconding Indian billionare Nirav Modi arrested in London

Nirav Modi, the main accused in the US $2 billion PNB loan fraud case, has been <a href="https://www.wionews.com/india-news/pnb-scam-nirav-modi-arrested-in-london-204519">arrested in London</a>, Scotland Yard said on Wednesday, in a major boost to India's efforts to bring back the fugitive diamantaire.

The arrest seems to have happened on an extradition warrant, details of which would become clear when he appears before Westminster Magistrates' Court in London.

The 48-year-old's arrest would lead to him being produced before a District Judge at Westminster Magistrates' Court in London to be formally charged, following which he is expected to seek bail.

The case will then follow a similar pattern through the UK courts as that of liquor tycoon Vijay Mallya, who remains on bail since his arrest on an extradition warrant in April 2017 on fraud and money laundering charges.

UK home secretary Sajid Javid had certified India's extradition request for Nirav Modi earlier this month, triggering the legal process in the courts, kick-started with the issuance of a warrant.

News of the certification of India's request came just as Modi was tracked down to a three-bedroom flat in the Centre Point tower block of luxury apartments in the West End of London.

He is believed to have arrived in London last year and was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February 2018.

During some of his stay in London he was reportedly also living in the heart of the city above his jewellery boutique called "Nirav Modi" on Old Bond Street, which has since closed down.

Modi is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores.

Modi and his uncle, Mehul Choksi, are the main accused in the PNB scam and they both left India before the details of the fraud came to light in January 2018.

Nirav Modi, the main accused in the US $2 billion PNB loan fraud case, has been arrested in London, Scotland Yard said on Wednesday, in a major boost to India's efforts to bring back the fugitive diamantaire.

Nirav Modi, the main accused in the US $2 billion PNB loan fraud case, has been arrested in London, Scotland Yard said on Wednesday, in a major boost to India's efforts to bring back the fugitive diamantaire. The arrest seems to have happened on an extradition warrant, details of which would become clear when he appears before Westminster Magistrates' Court in London. The 48-year-old's arrest would lead to him being produced before a District Judge at Westminster Magistrates' Court in London to be formally charged, following which he is expected to seek bail. The case will then follow a similar pattern through the UK courts as that of liquor tycoon Vijay Mallya, who remains on bail since his arrest on an extradition warrant in April 2017 on fraud and money laundering charges. UK home secretary Sajid Javid had certified India's extradition request for Nirav Modi earlier this month, triggering the legal process in the courts, kick-started with the issuance of a warrant. News of the certification of India's request came just as Modi was tracked down to a three-bedroom flat in the Centre Point tower block of luxury apartments in the West End of London. He is believed to have arrived in London last year and was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February 2018. During some of his stay in London he was reportedly also living in the heart of the city above his jewellery boutique called "Nirav Modi" on Old Bond Street, which has since closed down. Modi is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores. Modi and his uncle, Mehul Choksi, are the main accused in the PNB scam and they both left India before the details of the fraud came to light in January 2018.

Nirav Modi arrested: This is what is expected to happen next

Fugitive businessman Nirav Modi was<a href="https://www.wionews.com/india-news/nirav-modi-did-not-have-more-than-one-valid-passport-at-a-time-mea--147724"> arrested in London</a> on Tuesday even as his extradition is&nbsp;underway.

He was produced in court on Wednesday.

On Monday, Westminster court in London had issued an arrest warrant against the diamond merchant who is the prime accused in the $2 billion Punjab National Bank(PNB) loan default case.

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/NS9oxLG2LzM" width="560"></iframe>

Police said Modi had been arrested in the Holborn area of central London on Tuesday on behalf of Indian authorities and was due to appear at London's Westminster Magistrates Court on Wednesday.

UK police said Nirav Modi was arrested from London's Holborn metro station.

"Nirav Deepak Modi, (Date of Birth 24.02.71), was arrested on behalf of the Indian authorities on Tuesday, 19 March, in Holborn," the Metropolitan Police said in a statement.

"He will appear in custody at Westminster Magistrates' Court on Wednesday, 20 March," the statement added.

The Interpol had issued a Red Corner Notice(RCN) against him last year.

The Enforcement Directorate(ED) in Mumbai had filed a chargesheet against Nirav Modi under the anti-money laundering law before a special Prevention of Money Laundering Act (PMLA) court.

The ED had said on March 9 that the United Kingdom's home secretary had recently referred India's request for extraditing&nbsp;to a court for initiating legal proceedings against him.
<img alt="PNB scam accussed Nirav Modi arrested in London" data-align="center" data-entity-type="file" data-entity-uuid="35815baa-6e6b-4d11-937f-c80127a54cff" src="//cdn.wionews.com/sites/default/files/inline-images/PNB1.jpg" />
&nbsp;

Fugitive businessman Nirav Modi was arrested in London on Tuesday even as his extradition is underway. He was produced in court on Wednesday. On Monday, Westminster court in London had issued an arrest warrant against the diamond merchant who is the prime accused in the $2 billion Punjab National Bank(PNB) loan default case.

Fugitive businessman Nirav Modi was arrested in London on Tuesday even as his extradition is underway. He was produced in court on Wednesday. On Monday, Westminster court in London had issued an arrest warrant against the diamond merchant who is the prime accused in the $2 billion Punjab National Bank(PNB) loan default case. Police said Modi had been arrested in the Holborn area of central London on Tuesday on behalf of Indian authorities and was due to appear at London's Westminster Magistrates Court on Wednesday. UK police said Nirav Modi was arrested from London's Holborn metro station. "Nirav Deepak Modi, (Date of Birth 24.02.71), was arrested on behalf of the Indian authorities on Tuesday, 19 March, in Holborn," the Metropolitan Police said in a statement. "He will appear in custody at Westminster Magistrates' Court on Wednesday, 20 March," the statement added. The Interpol had issued a Red Corner Notice(RCN) against him last year. The Enforcement Directorate(ED) in Mumbai had filed a chargesheet against Nirav Modi under the anti-money laundering law before a special Prevention of Money Laundering Act (PMLA) court. The ED had said on March 9 that the United Kingdom's home secretary had recently referred India's request for extraditing to a court for initiating legal proceedings against him.

PNB scam: Nirav Modi arrested in London, produced in court

Fugitive diamond merchant Nirav Modi arrested in London

The Black Money Battle: How India plans to nab economic offenders

Gravitas: Noose tightens on Nirav Modi

Is India closer to Nirav Modi's extradition?

Extradition proceedings of <a href="https://www.wionews.com/world/pnb-scam-uk-court-issues-arrest-warrant-against-nirav-modi-cbi-ed-officials-to-visit-london-soon-204148">fugitive businessman Nirav Modi</a> are underway, sources in Central Bureau of Investigation said on Tuesday.

"The extradition process of Nirav Modi is on, we are doing everything as per the law. It takes its own time. The process is legalistic from their side also," sources in Central Bureau of Investigation (CBI) told ANI.

"When we issue a Red Corner Notice (RCN), it is an (international) warrant against the person to whom it is issued," the sources said.

On Monday, a London court issued an arrest warrant against diamond merchant Nirav Modi, who is wanted in India for an alleged loan default case, according to the sources in the Enforcement Directorate.

The arrest warrant was issued by the Westminster Court, the sources added.

The development comes days after the fugitive was tracked down to a 33-storey Centre Point Apartment complex in London`s Theatre District.

The tower was an office complex and was converted into luxury residences with prices ranging from PS2 million to PS55 million all with superb views over the city of London.

Modi is believed to be living in a property worth PS8 million apartments in the tower, the rent for a similar apartment in the tower comes to approximately PS17,000 a month, stated the Daily Telegraph.

One of the prime accused in the PNB scam in India, Modi is the subject of an extradition request by India, along with an Interpol Red Corner Notice being issued against him. Modi is the prime accused in the Rs 13,000 crore PNB fraud, along with his uncle Mehul Choksi.

Choksi was granted citizenship of Antigua and Barbuda on January 15, 2018, while Modi is in London.

Both Modi and Choksi left India in January last year before the PNB scam came out in the public. The duo has not returned to India despite repeated summons from probe agencies and courts.

Extradition proceedings of fugitive businessman Nirav Modi are underway, sources in Central Bureau of Investigation said on Tuesday. "The extradition process of Nirav Modi is on, we are doing everything as per the law.

Extradition proceedings of fugitive businessman Nirav Modi are underway, sources in Central Bureau of Investigation said on Tuesday. "The extradition process of Nirav Modi is on, we are doing everything as per the law. It takes its own time. The process is legalistic from their side also," sources in Central Bureau of Investigation (CBI) told ANI. "When we issue a Red Corner Notice (RCN), it is an (international) warrant against the person to whom it is issued," the sources said. On Monday, a London court issued an arrest warrant against diamond merchant Nirav Modi, who is wanted in India for an alleged loan default case, according to the sources in the Enforcement Directorate. The arrest warrant was issued by the Westminster Court, the sources added. The development comes days after the fugitive was tracked down to a 33-storey Centre Point Apartment complex in London`s Theatre District. The tower was an office complex and was converted into luxury residences with prices ranging from PS2 million to PS55 million all with superb views over the city of London. Modi is believed to be living in a property worth PS8 million apartments in the tower, the rent for a similar apartment in the tower comes to approximately PS17,000 a month, stated the Daily Telegraph. One of the prime accused in the PNB scam in India, Modi is the subject of an extradition request by India, along with an Interpol Red Corner Notice being issued against him. Modi is the prime accused in the Rs 13,000 crore PNB fraud, along with his uncle Mehul Choksi. Choksi was granted citizenship of Antigua and Barbuda on January 15, 2018, while Modi is in London. Both Modi and Choksi left India in January last year before the PNB scam came out in the public. The duo has not returned to India despite repeated summons from probe agencies and courts.

Extradition proceedings against Nirav Modi underway: CBI sources

PNB scam accused Nirav Modi got tracked by reporters in London

New video of absconding businessman Nirav Modi emerges, refuses to answer questions

Gravitas: UK issues warrant against Nirav Modi

Westminster Court in London has issued an arrest warrant <a href="https://www.wionews.com/india-news/ed-refutes-allegation-of-inaction-says-its-taking-proactive-steps-to-get-nirav-modi-extradited-202953">against fugitive Nirav Modi, 48,</a> after the request India was forwarded to the court by UK Home Office.

The warrant will be served at the residence of the diamond merchant in London as part of a procedure which kickstarts the extradition hearing at the Westminster Magistrate’s court.

Nirav Modi is likely to apply for bail immediately after he is produced in court after arrest by London Metropolitan Police.&nbsp;

Sources have told WION that the joint CBI and Enforcement Directorate(ED) team are likely to visit the UK soon. Indian agencies have provided Crown Prosecution Service (CPS) evidence to nail Nirav Modi who fled to London after he allegedly defrauded the Punjab National Bank(PNB) of $2 billion last year.

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/Zjj2Fj_AXhY" width="560"></iframe>

On March 11th, the ED&nbsp;had filed a fresh chargesheet against PNB scam accused Nirav Modi under the anti-money laundering law.

The ED had said on March 9 that the United Kingdom's home secretary has recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him.

The ED&nbsp;had filed the first chargesheet in the&nbsp;case in May last year.

According to British media reports, Nirav Modi is currently living at the landmark Centre Point tower block in London.

The PNB which is the country's second largest state-run bank, had, on February 14 last year, informed the exchanges about detecting the fraud at its Brady House branch in Mumbai, and named the firms led by Modi and his uncle Mehul Choksi's Gitanjali Group, and some other diamond and jewellery merchants as suspects.

Central government agencies - the CBI and the Enforcement Directorate - registered cases on the complaint by the bank and launched nationwide searches on dozens of offices and residences of the alleged fraudsters. The bank named Nirav Modi's brother, his American wife Ami, and uncle Mehul Choksi besides some others in the FIR.

The Interpol had issued a red corner notice(RCN) against Nirav Modi and Mehul Choksi last year.

Westminster Court in London has issued an arrest warrant against fugitive Nirav Modi, 48, after the request India was forwarded to the court by UK Home Office. The warrant will be served at the residence of the diamond merchant in London as part of a procedure which kickstarts the extradition hearing at the Westminster Magistrate’s court.

Westminster Court in London has issued an arrest warrant against fugitive Nirav Modi, 48, after the request India was forwarded to the court by UK Home Office. The warrant will be served at the residence of the diamond merchant in London as part of a procedure which kickstarts the extradition hearing at the Westminster Magistrate’s court. Nirav Modi is likely to apply for bail immediately after he is produced in court after arrest by London Metropolitan Police. Sources have told WION that the joint CBI and Enforcement Directorate(ED) team are likely to visit the UK soon. Indian agencies have provided Crown Prosecution Service (CPS) evidence to nail Nirav Modi who fled to London after he allegedly defrauded the Punjab National Bank(PNB) of $2 billion last year. On March 11th, the ED had filed a fresh chargesheet against PNB scam accused Nirav Modi under the anti-money laundering law. The ED had said on March 9 that the United Kingdom's home secretary has recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him. The ED had filed the first chargesheet in the case in May last year. According to British media reports, Nirav Modi is currently living at the landmark Centre Point tower block in London. The PNB which is the country's second largest state-run bank, had, on February 14 last year, informed the exchanges about detecting the fraud at its Brady House branch in Mumbai, and named the firms led by Modi and his uncle Mehul Choksi's Gitanjali Group, and some other diamond and jewellery merchants as suspects. Central government agencies - the CBI and the Enforcement Directorate - registered cases on the complaint by the bank and launched nationwide searches on dozens of offices and residences of the alleged fraudsters. The bank named Nirav Modi's brother, his American wife Ami, and uncle Mehul Choksi besides some others in the FIR. The Interpol had issued a red corner notice(RCN) against Nirav Modi and Mehul Choksi last year.

PNB scam: UK court issues arrest warrant against Nirav Modi; CBI, ED officials to visit London soon

The ED on Tuesday said it was "proactively" pursuing all issues pertaining to the extradition of Nirav Modi, the main accused in the USD 2 billion PNB scam, from the UK as it dismissed media reports that Indian agencies "did not respond" in time when British investigators extended help.

The central agency, which is probing Nirav Modi under the criminal sections of the anti-money laundering law, issued a two-page clarification, saying the media reports in this context "have been distorted with speculative writing and wrong conclusions have been drawn".

A British daily recently published a report and video showing Modi walking on the streets of London and said the fugitive diamantaire was living in a swanky 8-million pounds apartment in the city's West End and that he was involved in new diamond business.

Calling the reports of inaction on part of the agency "insinuating", the Enforcement Directorate (ED) said, "It has been wrongly reported in the news item that the UK SFO had confirmed to Indian authorities by March 2018 that Nirav Modi was in the UK.

"In this connection, it is submitted that no such formal or informal communication was received by the ED from UK authorities in March 2018 or at a later date, informing that Nirav Modi was in the UK."

The ED added that the National Central Bureau of Manchester, the nodal agency of the UK for dealing with Interpol notices and cooperating with other countries, had instead asked Indian agencies to "provide it" with intelligence inputs that suggested Nirav Modi was in the UK.

It said the UK government's "consistent stand" had been that a non-bailable warrant (NBW) against an accused could only be executed through an "extradition request" and not through letters rogatory (LR) or the Mutual Legal Assistance Treaty (MLAT).

Hence, it said, the extradition request for Nirav Modi could only be sent after a charge sheet was filed against him, which was done by the agency in May last year.

"An extradition request cannot be sent at the stage of the investigation. Accordingly, upon initiation of investigations by the ED under the Prevention of Money Laundering Act in February last year against Nirav Modi and others, the first NBW was issued on March 5, 2018, and that was not acted upon by the UK government," the agency said.

The ED obtained a fresh NBW against Nirav Modi from a Mumbai court after filing the charge sheet and sent it to the Interpol, which notified the "red warrant" for arrest against the fugitive diamantaire on June 29 last year, and subsequently, a fresh request for extradition was sent to the UK government, the agency said.

It added that it had also sent a supplementary MLAT request in October last year for execution of an order of attachment of the UK-based assets of Nirav Modi.

"In response to these MLAT requests, the UK authorities had raised queries from time-to-time, which were promptly examined, and detailed replies were sent by the ED. These MLAT requests are yet to be executed by the UK authorities," the central probe agency said.

"It is reiterated that the ED has been proactively following up all the issues relating to the Nirav Modi case with authorities of various countries, including the UK. The directorate has also been making necessary efforts for successful extradition of Nirav Modi," it said.

The agency said the latest media reports reflected that the "understanding regarding the legal issues is contrary to the facts and established international protocols and procedures".

"This kind of misreporting and speculative news may create a wrong impression to the public at large," it said.

On March 9, the ED had said the UK home secretary had recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him.&nbsp;

The ED on Tuesday said it was "proactively" pursuing all issues pertaining to the extradition of Nirav Modi, the main accused in the USD 2 billion PNB scam, from the UK as it dismissed media reports that Indian agencies "did not respond" in time when British investigators extended help.

The ED on Tuesday said it was "proactively" pursuing all issues pertaining to the extradition of Nirav Modi, the main accused in the USD 2 billion PNB scam, from the UK as it dismissed media reports that Indian agencies "did not respond" in time when British investigators extended help. The central agency, which is probing Nirav Modi under the criminal sections of the anti-money laundering law, issued a two-page clarification, saying the media reports in this context "have been distorted with speculative writing and wrong conclusions have been drawn". A British daily recently published a report and video showing Modi walking on the streets of London and said the fugitive diamantaire was living in a swanky 8-million pounds apartment in the city's West End and that he was involved in new diamond business. Calling the reports of inaction on part of the agency "insinuating", the Enforcement Directorate (ED) said, "It has been wrongly reported in the news item that the UK SFO had confirmed to Indian authorities by March 2018 that Nirav Modi was in the UK. "In this connection, it is submitted that no such formal or informal communication was received by the ED from UK authorities in March 2018 or at a later date, informing that Nirav Modi was in the UK." The ED added that the National Central Bureau of Manchester, the nodal agency of the UK for dealing with Interpol notices and cooperating with other countries, had instead asked Indian agencies to "provide it" with intelligence inputs that suggested Nirav Modi was in the UK. It said the UK government's "consistent stand" had been that a non-bailable warrant (NBW) against an accused could only be executed through an "extradition request" and not through letters rogatory (LR) or the Mutual Legal Assistance Treaty (MLAT). Hence, it said, the extradition request for Nirav Modi could only be sent after a charge sheet was filed against him, which was done by the agency in May last year. "An extradition request cannot be sent at the stage of the investigation. Accordingly, upon initiation of investigations by the ED under the Prevention of Money Laundering Act in February last year against Nirav Modi and others, the first NBW was issued on March 5, 2018, and that was not acted upon by the UK government," the agency said. The ED obtained a fresh NBW against Nirav Modi from a Mumbai court after filing the charge sheet and sent it to the Interpol, which notified the "red warrant" for arrest against the fugitive diamantaire on June 29 last year, and subsequently, a fresh request for extradition was sent to the UK government, the agency said. It added that it had also sent a supplementary MLAT request in October last year for execution of an order of attachment of the UK-based assets of Nirav Modi. "In response to these MLAT requests, the UK authorities had raised queries from time-to-time, which were promptly examined, and detailed replies were sent by the ED. These MLAT requests are yet to be executed by the UK authorities," the central probe agency said. "It is reiterated that the ED has been proactively following up all the issues relating to the Nirav Modi case with authorities of various countries, including the UK. The directorate has also been making necessary efforts for successful extradition of Nirav Modi," it said. The agency said the latest media reports reflected that the "understanding regarding the legal issues is contrary to the facts and established international protocols and procedures". "This kind of misreporting and speculative news may create a wrong impression to the public at large," it said. On March 9, the ED had said the UK home secretary had recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him.

ED refutes allegation of inaction, says it's taking proactive steps to get Nirav Modi extradited

The Enforcement Directorate has filed a fresh charge sheet against PNB scam accused Nirav Modi under the anti-money laundering law, officials said Monday.

They said the charge sheet or the prosecution complaint has been filed before a special Prevention of Money Laundering Act (PMLA) court in Mumbai.

This is a supplementary charge sheet against the diamantaire and few others and the agency has recorded additional evidence gathered in the case and attachments made, they said.

Further details about the contents of the charge sheet are awaited.

The development comes two days after a British daily reported that Nirav Modi, accused in the $2-billion Punjab National Bank (PNB) scam, is living in a swanky 8-million pound apartment in London's West End and is now involved in new diamond business.

The ED had said on March 9 that the United Kingdom's home secretary has recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him.

The Enforcement Directorate (ED) had filed the first charge sheet in this case in May last year.

The agency and the CBI are investigating Nirav 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 last year.

Nirav Modi, 48, is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block in London, where rent is estimated to cost 17,000 pounds a month, The Telegraph had reported.

It has also attached his assets worth Rs 1,873.08 crore under the PMLA and has seized assets linked to him and his family worth Rs 489.75 crore.&nbsp;

The Enforcement Directorate has filed a fresh charge sheet against PNB scam accused Nirav Modi under the anti-money laundering law, officials said Monday. They said the charge sheet or the prosecution complaint has been filed before a special Prevention of Money Laundering Act (PMLA) court in Mumbai.

The Enforcement Directorate has filed a fresh charge sheet against PNB scam accused Nirav Modi under the anti-money laundering law, officials said Monday. They said the charge sheet or the prosecution complaint has been filed before a special Prevention of Money Laundering Act (PMLA) court in Mumbai. This is a supplementary charge sheet against the diamantaire and few others and the agency has recorded additional evidence gathered in the case and attachments made, they said. Further details about the contents of the charge sheet are awaited. The development comes two days after a British daily reported that Nirav Modi, accused in the $2-billion Punjab National Bank (PNB) scam, is living in a swanky 8-million pound apartment in London's West End and is now involved in new diamond business. The ED had said on March 9 that the United Kingdom's home secretary has recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him. The Enforcement Directorate (ED) had filed the first charge sheet in this case in May last year. The agency and the CBI are investigating Nirav 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 last year. Nirav Modi, 48, is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block in London, where rent is estimated to cost 17,000 pounds a month, The Telegraph had reported. It has also attached his assets worth Rs 1,873.08 crore under the PMLA and has seized assets linked to him and his family worth Rs 489.75 crore.

PNB scam: Enforcement Directorate files fresh charge sheet against Nirav Modi

The Congress party is happy seeing fugitive billionaire <a href="http://www.wionews.com/india-news/uk-sends-nirav-modi-extradition-request-to-court-enforcement-directorate-202187">Nirav Modi in London</a>, said Union Minister Prakash Javadekar in Jaipur on Saturday.

“The Congress party, which has reared up Nirav Modi, feels happy to see that he is fine in London. It, however, does not know that the Indian government’s efforts are on to bring him back to India,” Javadekar told ANI.

He said that Indian government’s requests for the extradition of economic offenders have been acted upon earlier as well, and gave the example of Rajiv Saxena, Christian Michel, and Deepak Talwar to bring home his point.

“All these economic offenders ran away as soon as the BJP came to power at the Centre under the leadership of Narendra Modi. They knew that they won’t be spared by the BJP government. Till the time Congress was in power, they knew that their loot will continue,” he said.

“I want to ask the Congress leaders—What is their relationship with Nirav Modi? One day Rahul Gandhi goes to a programme organised by Nirav Modi, and next day he gets a loan from the Allahabad Bank,” Javadekar said.

Union Minister Javadekar’s reaction comes in response to the reports in British media that Nirav Modi is living in London.

The British newspaper story reveals that Modi has also started a new diamond business in Soho.

The newspaper headlined its piece—‘Exclusive: India’s most wanted man Nirav Modi—accused of £1.5 billion fraud—living openly in London.’

The video shows Nirav Modi sporting a handle-bar moustache and wearing an expensive jacket, repeatedly saying “no comments” to a series of questions put to him by the newspaper’s reporter, including whether he has sought asylum in the United Kingdom.

Modi is the subject of an extradition request by India, along with an Interpol Red Corner Notice issued for the PNB scam accused.

He is the prime accused in Rs 13,000 crore PNB fraud, along with his uncle Mehul Choksi, who has got the citizenship of Antigua and Barbuda.

Modi and Choksi left India in January last year before the PNB scam was exposed.The duo has not returned to India despite repeated summons from the probe agencies and courts to be put on trial.

“Journalists of The Telegraph managed to track down Nirav Modi. Why was the Modi Govt unable to do so? Who is Modi trying to protect? Himself, Nirav Modi or the people who let him escape?" the Congress tweeted on its official handle.

The Congress party is happy seeing fugitive billionaire Nirav Modi in London, said Union Minister Prakash Javadekar in Jaipur on Saturday. “The Congress party, which has reared up Nirav Modi, feels happy to see that he is fine in London.

The Congress party is happy seeing fugitive billionaire Nirav Modi in London, said Union Minister Prakash Javadekar in Jaipur on Saturday. “The Congress party, which has reared up Nirav Modi, feels happy to see that he is fine in London. It, however, does not know that the Indian government’s efforts are on to bring him back to India,” Javadekar told ANI. He said that Indian government’s requests for the extradition of economic offenders have been acted upon earlier as well, and gave the example of Rajiv Saxena, Christian Michel, and Deepak Talwar to bring home his point. “All these economic offenders ran away as soon as the BJP came to power at the Centre under the leadership of Narendra Modi. They knew that they won’t be spared by the BJP government. Till the time Congress was in power, they knew that their loot will continue,” he said. “I want to ask the Congress leaders—What is their relationship with Nirav Modi? One day Rahul Gandhi goes to a programme organised by Nirav Modi, and next day he gets a loan from the Allahabad Bank,” Javadekar said. Union Minister Javadekar’s reaction comes in response to the reports in British media that Nirav Modi is living in London. The British newspaper story reveals that Modi has also started a new diamond business in Soho. The newspaper headlined its piece—‘Exclusive: India’s most wanted man Nirav Modi—accused of £1.5 billion fraud—living openly in London.’ The video shows Nirav Modi sporting a handle-bar moustache and wearing an expensive jacket, repeatedly saying “no comments” to a series of questions put to him by the newspaper’s reporter, including whether he has sought asylum in the United Kingdom. Modi is the subject of an extradition request by India, along with an Interpol Red Corner Notice issued for the PNB scam accused. He is the prime accused in Rs 13,000 crore PNB fraud, along with his uncle Mehul Choksi, who has got the citizenship of Antigua and Barbuda. Modi and Choksi left India in January last year before the PNB scam was exposed.The duo has not returned to India despite repeated summons from the probe agencies and courts to be put on trial. “Journalists of The Telegraph managed to track down Nirav Modi. Why was the Modi Govt unable to do so? Who is Modi trying to protect? Himself, Nirav Modi or the people who let him escape?" the Congress tweeted on its official handle.

Congress is happy seeing Nirav Modi in London: Prakash Javadekar

Fugitive billionaire diamantaire <a href="http://www.wionews.com/india-news/pnb-scam-this-is-how-nirav-modi-planned-his-safe-exit-from-india-33071">Nirav Modi,</a> accused in the $2 billion <a href="http://www.wionews.com/india-news/nirav-modi-fugitive-diamantaire-and-indias-most-wanted-184963">PNB fraud case</a>, is living openly in a swanky 8-million pound apartment in London's West End and is now involved in a new diamond business, a British daily reported on Saturday.

Modi, 48, is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, where rent is estimated to cost 17,000 pounds a month, The Telegraph reported.

The revelation comes a day after Modi's 30,000 sq ft seaside mansion at Kihim beach in Maharashtra was demolished by authorities using explosives.

Despite his bank accounts being frozen by the Indian authorities and an Interpol red notice being issued for his arrest, Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now involved in a new diamond business based in London, the report said.

In a video posted by the newspaper, Modi can be seen sporting a handlebar moustache and wearing an Ostrich Hide jacket, estimated to cost 10,000 pounds. When journalists from the paper questioned him on various issues, including whether he has urged Britain to grant him asylum, Modi ducked them by saying, "Sorry, no comments".

A source told the UK daily that Modi had been given a National Insurance number by the Department for Work and Pensions, meaning he can legally work in Britain and has used British bank accounts.

Fugitive billionaire diamantaire Nirav Modi, accused in the $2 billion PNB fraud case, is living openly in a swanky 8-million pound apartment in London's West End and is now involved in a new diamond business, a British daily reported on Saturday.

Fugitive billionaire diamantaire Nirav Modi, accused in the $2 billion PNB fraud case, is living openly in a swanky 8-million pound apartment in London's West End and is now involved in a new diamond business, a British daily reported on Saturday. Modi, 48, is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, where rent is estimated to cost 17,000 pounds a month, The Telegraph reported. The revelation comes a day after Modi's 30,000 sq ft seaside mansion at Kihim beach in Maharashtra was demolished by authorities using explosives. Despite his bank accounts being frozen by the Indian authorities and an Interpol red notice being issued for his arrest, Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now involved in a new diamond business based in London, the report said. In a video posted by the newspaper, Modi can be seen sporting a handlebar moustache and wearing an Ostrich Hide jacket, estimated to cost 10,000 pounds. When journalists from the paper questioned him on various issues, including whether he has urged Britain to grant him asylum, Modi ducked them by saying, "Sorry, no comments". A source told the UK daily that Modi had been given a National Insurance number by the Department for Work and Pensions, meaning he can legally work in Britain and has used British bank accounts.

Fugitive Nirav Modi tracked down to 8-million pound swanky apartment in London

The Enforcement Directorate (ED) has said the government of United Kingdom has sent an extradition request for fugitive diamantaire Nirav Modi to a UK court for further proceeding.

In a tweet, the ED said, &nbsp;"The UK Central Authority of Home Office has confirmed that the extradition request has been sent to the Westminster Magistrate Court for further proceedings."

The Ministry of External Affairs (MEA) had sent two requests - one from the ED and the other from the CBI - to the government of the UK in July 2018.

MEA spokesperson, in his weekly presser, said, "You are aware we had made a request based on information received by ED and CBI. We had made a request for extradition in August last year. The UK is still considering our request for extradition of Nirav Modi".

Britain's leading daily, The Telegraph, had spotted Nirav Modi walking on a London street. In response to all the question posed by the reporter, Nirav Modi responded saying he has no comments.

Bank fraud fugitive <a href="http://www.wionews.com/india-news/fugitive-nirav-modi-tracked-down-to-8-million-pound-swanky-apartment-in-london-202128">Nirav Modi is said to have been living in a 3-bedroom flat in London</a>, the cost of which is around 17,000 pounds. He was spotted wearing an Ostrich hide jacket worth which is believed to be worth around 9 lakh rupees.

Nirav Modi and his uncle Mehul Choksi are involved in over Rs 13,000 crore scam by duping state-owned Punjab National Bank (PNB). While Nirav Modi fled to the UK, Choksi fled to the Caribbean country of Antigua and Barbuda and took its citizenship.

The Enforcement Directorate (ED) has said the government of United Kingdom has sent an extradition request for fugitive diamantaire Nirav Modi to a UK court for further proceeding.

The Enforcement Directorate (ED) has said the government of United Kingdom has sent an extradition request for fugitive diamantaire Nirav Modi to a UK court for further proceeding. In a tweet, the ED said, "The UK Central Authority of Home Office has confirmed that the extradition request has been sent to the Westminster Magistrate Court for further proceedings." The Ministry of External Affairs (MEA) had sent two requests - one from the ED and the other from the CBI - to the government of the UK in July 2018. MEA spokesperson, in his weekly presser, said, "You are aware we had made a request based on information received by ED and CBI. We had made a request for extradition in August last year. The UK is still considering our request for extradition of Nirav Modi". Britain's leading daily, The Telegraph, had spotted Nirav Modi walking on a London street. In response to all the question posed by the reporter, Nirav Modi responded saying he has no comments. Bank fraud fugitive Nirav Modi is said to have been living in a 3-bedroom flat in London, the cost of which is around 17,000 pounds. He was spotted wearing an Ostrich hide jacket worth which is believed to be worth around 9 lakh rupees. Nirav Modi and his uncle Mehul Choksi are involved in over Rs 13,000 crore scam by duping state-owned Punjab National Bank (PNB). While Nirav Modi fled to the UK, Choksi fled to the Caribbean country of Antigua and Barbuda and took its citizenship.

Britain sends Nirav Modi extradition request to UK court: Enforcement Directorate 

The sprawling seaside mansion of fugitive diamantaire Nirav Modi, accused in the USD 2 billion PNB fraud case, was demolished Friday using explosives, Raigad District Collector Vijay Suryawanshi said.

The district collector told PTI that it was controlled blasting.

The senior IAS official had issued the demolition orders after the Enforcement Directorate (ED) handed over the property situated in Raigad district, over 90 km from here.

On Tuesday, excavators were used to open up the pillars of the bungalow, called Roopanya, to make space for fixing the detonators. A special technical team was called to fix them.

Last year, the state government had written to the ED, which had sealed the bungalow, seeking a nod to demolish the property on Kihim beach near Alibaug.

The fixtures from the bungalow will be up for auction. Three items, a jacuzzi, a chandelier, and a Buddha statue, have been kept aside for handing over to the ED, Suryawanshi said.

On January 25, district officials began the demolition work using bulldozers but found it time-consuming due to the RCC construction.

On January 27, structural engineers from Dr Babasaheb Ambedkar Technical University conducted a survey. The experts suggested that the district officers carry out the demolition with the help of controlled blasting.

Modi's bungalow was attached by the ED following his involvement in the Punjab National Bank fraud case. It was handed over to the collector's office on January 24, after the ED seized two trucks full of valuables from the building.&nbsp;

The sprawling seaside mansion of fugitive diamantaire Nirav Modi, accused in the USD 2 billion PNB fraud case, was demolished Friday using explosives, Raigad District Collector Vijay Suryawanshi said.

The sprawling seaside mansion of fugitive diamantaire Nirav Modi, accused in the USD 2 billion PNB fraud case, was demolished Friday using explosives, Raigad District Collector Vijay Suryawanshi said. The district collector told PTI that it was controlled blasting. The senior IAS official had issued the demolition orders after the Enforcement Directorate (ED) handed over the property situated in Raigad district, over 90 km from here. On Tuesday, excavators were used to open up the pillars of the bungalow, called Roopanya, to make space for fixing the detonators. A special technical team was called to fix them. Last year, the state government had written to the ED, which had sealed the bungalow, seeking a nod to demolish the property on Kihim beach near Alibaug. The fixtures from the bungalow will be up for auction. Three items, a jacuzzi, a chandelier, and a Buddha statue, have been kept aside for handing over to the ED, Suryawanshi said. On January 25, district officials began the demolition work using bulldozers but found it time-consuming due to the RCC construction. On January 27, structural engineers from Dr Babasaheb Ambedkar Technical University conducted a survey. The experts suggested that the district officers carry out the demolition with the help of controlled blasting. Modi's bungalow was attached by the ED following his involvement in the Punjab National Bank fraud case. It was handed over to the collector's office on January 24, after the ED seized two trucks full of valuables from the building.

Nirav Modi's seaside bungalow demolished using explosives

Nirav Modi's 30,000 square feet bungalow razed

<a href="http://www.wionews.com/india-news/nirav-modi-fugitive-diamantaire-and-indias-most-wanted-184963">Nirav Modi</a>, prime accused in the multi-crore PNB fraud case, on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion.

Modi, on Saturday, filed a response before the PMLA court opposing the Enforcement Directorate's complaint to have him declared a "fugitive economic offender" under the Fugitive Economic Offenders Act.

In the response, the absconding diamantaire also stated that he is unable to fly back to India citing security reasons.

Modi and his uncle Mehul Choksi, who are wanted in India for loan default, fled the country in the first week of January last year after their companies were found cheating the state-run PNB of Rs 13,000 crore.

The duo has not returned to India since then despite repeated summons from probe agencies and courts.

Modi is said to be in London while Choksi is residing in the Caribbean country of and Barbuda.

The government has also sent formal requests to both seeking their extradition.&nbsp;

Nirav Modi, prime accused in the multi-crore PNB fraud case, on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion.

Nirav Modi, prime accused in the multi-crore PNB fraud case, on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion. Modi, on Saturday, filed a response before the PMLA court opposing the Enforcement Directorate's complaint to have him declared a "fugitive economic offender" under the Fugitive Economic Offenders Act. In the response, the absconding diamantaire also stated that he is unable to fly back to India citing security reasons. Modi and his uncle Mehul Choksi, who are wanted in India for loan default, fled the country in the first week of January last year after their companies were found cheating the state-run PNB of Rs 13,000 crore. The duo has not returned to India since then despite repeated summons from probe agencies and courts. Modi is said to be in London while Choksi is residing in the Caribbean country of and Barbuda. The government has also sent formal requests to both seeking their extradition.

Done nothing wrong, 'civil transaction' is being blown out as scam: Nirav Modi

Twenty-seven defaulting businessmen and <a href="http://www.wionews.com/india-news/16-fugitive-extradited-back-to-india-in-last-4-years-5-in-2018-187061">economic offenders</a> have fled the country in the last five years, Parliament was informed Friday.&nbsp;&nbsp;

Interpol has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha.

He further said Interpol has already issued RCN against eight persons who have fled the country and extradition requests have been sent in case of six.

As per the Directorate of Enforcement (ED), applications under <a href="http://www.wionews.com/india-news/nirav-modi-located-in-uk-british-authorities-inform-india-government-187066">Fugitive</a> Economic Offenders Act, 2018 have been filed against seven persons out of these 27, the minister said.

Shukla informed the House that Westminster Magistrates' Court in London has recommended extradition of <a href="http://www.wionews.com/india-news/order-on-ed-application-to-declare-mallya-fugitive-offender-adjourned-till-january-5-186580">Vijay Mallya</a> from the Uk to India.

The government, he said, has also advised the public sector banks to obtain a certified copy of the passport of promoters/directors and other authorised signatories of companies availing loan facilities of more than Rs 50 crore.&nbsp;

Twenty-seven defaulting businessmen and economic offenders have fled the country in the last five years, Parliament was informed Friday. Interpol has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha.

Twenty-seven defaulting businessmen and economic offenders have fled the country in the last five years, Parliament was informed Friday. Interpol has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha. He further said Interpol has already issued RCN against eight persons who have fled the country and extradition requests have been sent in case of six. As per the Directorate of Enforcement (ED), applications under Fugitive Economic Offenders Act, 2018 have been filed against seven persons out of these 27, the minister said. Shukla informed the House that Westminster Magistrates' Court in London has recommended extradition of Vijay Mallya from the Uk to India. The government, he said, has also advised the public sector banks to obtain a certified copy of the passport of promoters/directors and other authorised signatories of companies availing loan facilities of more than Rs 50 crore.

27 economic offenders fled India in last 5 years

British authorities have informed India that bank fraud fugitive <a href="http://www.wionews.com/india-news/efforts-on-to-bring-back-29-economic-offenders-including-vijay-mallya-nirav-modi-mehul-choksi-government-185383">Nirav Modi</a> is living in the UK, the government has said.

Replying to a question, Minister of State for External Affairs V K Singh told Rajya Sabha that National Central Bureau of Manchester conveyed to Indian agencies that their investigations have led to the location of Nirav Modi in the UK.

"In August 2018, the government sent two requests, one from the CBI and the other from the Enforcement Directorate, to the authorities of the UK seeking the extradition of Nirav Modi to India," he said.

He said the requests are presently under the consideration of the authorities concerned of the UK.

In June, the Ministry of External Affairs (MEA) had written to several European countries seeking help in tracing Nirav Modi.

Nirav Modi is wanted in connection with Punjab National Bank fraud case.

British authorities have informed India that bank fraud fugitive Nirav Modi is living in the UK, the government has said. Replying to a question, Minister of State for External Affairs V K Singh told Rajya Sabha that National Central Bureau of Manchester conveyed to Indian agencies that their investigations have led to the location of Nirav Modi in the UK.

British authorities have informed India that bank fraud fugitive Nirav Modi is living in the UK, the government has said. Replying to a question, Minister of State for External Affairs V K Singh told Rajya Sabha that National Central Bureau of Manchester conveyed to Indian agencies that their investigations have led to the location of Nirav Modi in the UK. "In August 2018, the government sent two requests, one from the CBI and the other from the Enforcement Directorate, to the authorities of the UK seeking the extradition of Nirav Modi to India," he said. He said the requests are presently under the consideration of the authorities concerned of the UK. In June, the Ministry of External Affairs (MEA) had written to several European countries seeking help in tracing Nirav Modi. Nirav Modi is wanted in connection with Punjab National Bank fraud case.

Nirav Modi located in UK, British authorities inform India: Government

The CBI has arrested 10 people for alleged misuse of Lettter of Undertakings worth over Rs 9 crore in the Punjab National Bank's Brady House branch, the fountainhead of a $2 billion scam perpetrated by billionaires Nirav Modi and <a href="http://www.wionews.com/india-news/pnb-bank-case-interpol-issues-red-corned-notice-against-mehul-choksi-183652">Mehul Choksi</a>, officials said Wednesday.

In March, the agency had filed a case pertaining to "fraudulent"&nbsp;issuance of LOUs amounting to Rs 9 crore to Chandri Papers and Allied Products by the PNB's Brady House branch, they said.

A LoU is a service whereby the bank guarantees a customer's payment obligation of a specified amount to an overseas bank.&nbsp;

The two LoUs were allegedly issued in April, 2017 in favour of SBI, Antwerp, Belgium, they said.

The company did not pay back, bringing the liability on the state-run PNB.

Retired PNB employee Gokulnath Shetty and a single-window operator (SWO) at the branch, Manoj Kharat, who are facing CBI probe in the Modi-Choksi case, were named by the agency in an FIR, the officials said.

The CBI thereafter arrested eight officials who were working at the branch at that time. They are -- SWOs Manoj Kharat, Amar Jadhav and Sagar Sawant, chief manager Bechu Tiwari, manager

Yashwant Joshi, branch head Sanjay Prasad, officer Prafful Sawant and chief internal auditor Mohinder Sharma.?

The directors of the company, Ishwardas Agarwal and Adtiya Rasiwasia, were also taken into custody by the CBI in an operation that started on Tuesday, the officials said.

All the arrested accused have been sent to police custody till December 21, a CBI spokesperson said.&nbsp;

The CBI has arrested 10 people for alleged misuse of Lettter of Undertakings worth over Rs 9 crore in the Punjab National Bank's Brady House branch, the fountainhead of a $2 billion scam perpetrated by billionaires Nirav Modi and Mehul Choksi, officials said Wednesday.

The CBI has arrested 10 people for alleged misuse of Lettter of Undertakings worth over Rs 9 crore in the Punjab National Bank's Brady House branch, the fountainhead of a $2 billion scam perpetrated by billionaires Nirav Modi and Mehul Choksi, officials said Wednesday. In March, the agency had filed a case pertaining to "fraudulent" issuance of LOUs amounting to Rs 9 crore to Chandri Papers and Allied Products by the PNB's Brady House branch, they said. A LoU is a service whereby the bank guarantees a customer's payment obligation of a specified amount to an overseas bank. The two LoUs were allegedly issued in April, 2017 in favour of SBI, Antwerp, Belgium, they said. The company did not pay back, bringing the liability on the state-run PNB. Retired PNB employee Gokulnath Shetty and a single-window operator (SWO) at the branch, Manoj Kharat, who are facing CBI probe in the Modi-Choksi case, were named by the agency in an FIR, the officials said. The CBI thereafter arrested eight officials who were working at the branch at that time. They are -- SWOs Manoj Kharat, Amar Jadhav and Sagar Sawant, chief manager Bechu Tiwari, manager Yashwant Joshi, branch head Sanjay Prasad, officer Prafful Sawant and chief internal auditor Mohinder Sharma.? The directors of the company, Ishwardas Agarwal and Adtiya Rasiwasia, were also taken into custody by the CBI in an operation that started on Tuesday, the officials said. All the arrested accused have been sent to police custody till December 21, a CBI spokesperson said.

CBI arrests 10 people for alleged misuse of LoUs worth Rs 9 cr at PNB's Brady House branch

&nbsp;The government is making efforts to bring back people involved in financial irregularities to the country through Look Out Circulars, Red Corner Notice and <a href="http://www.wionews.com/india-news/mallya-extradition-to-speed-up-loan-recovery-process-sbi-183208">extradition requests</a>, Lok Sabha was informed on Wednesday.

Minister of State for External Affairs V K Singh, in a written reply to a question in Lok Sabha, listed 29 people, including liquor baron <a href="http://www.wionews.com/india-news/mallya-extradition-to-speed-up-loan-recovery-process-sbi-183208">Vijay Mallya</a>, and diamantaires <a href="http://www.wionews.com/india-news/interpol-issues-red-corner-notice-against-nirav-modi-for-money-laundering-148356">Nirav Modi</a> and <a href="http://www.wionews.com/india-news/pnb-bank-case-interpol-issues-red-corned-notice-against-mehul-choksi-183652">Mehul Choksi</a>, as those involved in financial irregularities who have fled the country or are living abroad for the years 2015-18 as per the details provided by the Central Bureau of Investigation .

According to the information provided by the Enforcement Directorate, there are 41 people involved in financial irregularities who fled the country or are living abroad, including Mallya, Modi and Choksi, he said.

Five persons -- Hamel Mahendrabhai Langalia, Rajeev Verma, Syed Zainul Hasan, Modi and Choksi -- were found involved in various violations of Customs Act, 1962, and have fled the country or are living abroad, Singh said, citing information given by Directorate of Revenue Intelligence.

"Efforts are being made for securing the presence of these accused in the country by way of issuance of LOC (Look Out Circulars), RCN (Red Corner Notice) and extradition requests," he said.

An action under the Fugitive Economic Offenders Act, 2018, has also been initiated in suitable cases, he said.&nbsp;

Mallya remains on bail after his extradition was recently ordered by Westminster Magistrates' Court in London, an order which now awaits a sign-off by UK home secretary Sajid Javid.

For Modi, 18 letters of request (LRs) have been sent to different countries and <a href="http://www.wionews.com/india-news/vijay-mallya-faces-bankruptcy-proceedings-in-uk-high-court-184975">two separate extradition requests have been forwarded to the UK</a> in August 2018. 
RCN has been opened and LRs sent to Hong Kong, Singapore, Thailand and USA for Choksi.

The government is making efforts to bring back people involved in financial irregularities to the country through Look Out Circulars, Red Corner Notice and extradition requests, Lok Sabha was informed on Wednesday.

The government is making efforts to bring back people involved in financial irregularities to the country through Look Out Circulars, Red Corner Notice and extradition requests, Lok Sabha was informed on Wednesday. Minister of State for External Affairs V K Singh, in a written reply to a question in Lok Sabha, listed 29 people, including liquor baron Vijay Mallya, and diamantaires Nirav Modi and Mehul Choksi, as those involved in financial irregularities who have fled the country or are living abroad for the years 2015-18 as per the details provided by the Central Bureau of Investigation . According to the information provided by the Enforcement Directorate, there are 41 people involved in financial irregularities who fled the country or are living abroad, including Mallya, Modi and Choksi, he said. Five persons -- Hamel Mahendrabhai Langalia, Rajeev Verma, Syed Zainul Hasan, Modi and Choksi -- were found involved in various violations of Customs Act, 1962, and have fled the country or are living abroad, Singh said, citing information given by Directorate of Revenue Intelligence. "Efforts are being made for securing the presence of these accused in the country by way of issuance of LOC (Look Out Circulars), RCN (Red Corner Notice) and extradition requests," he said. An action under the Fugitive Economic Offenders Act, 2018, has also been initiated in suitable cases, he said. Mallya remains on bail after his extradition was recently ordered by Westminster Magistrates' Court in London, an order which now awaits a sign-off by UK home secretary Sajid Javid. For Modi, 18 letters of request (LRs) have been sent to different countries and two separate extradition requests have been forwarded to the UK in August 2018. RCN has been opened and LRs sent to Hong Kong, Singapore, Thailand and USA for Choksi.

Efforts on to bring back 29 economic offenders including Vijay Mallya, Nirav Modi, Mehul Choksi: Government

nirav-modi

Nirav Modi, News on Nirav Modi, stories on Nirav Modi, articles on Nirav Modi, Nirav Modi stories at Wion, Nirav Modi news, Nirav Modi latest news

nirav modi