Nirav Modi spotted again in London
London, Mar 19 (IBNS): Billionaire diamond merchant Nirav Modi, who is wanted in India in the Rs 13,600 crore PNB scam, was spotted by the media in London for the second time in this month.
This comes a day after the Westminster Magistrates Court in London issued an arrest warrant against the businessman, who is wanted in India.
Nirav Modi's response to the media's questions remained the same, that being: "No comments."
The 48-year-old, who is living in London, can be arrested any time after the warrant has been issued.
Modi's arrest can enable the start of a trial at the UK court, which can also decide whether to extradite him to India.
After disappearing for several months, a video published by UK newspaper The Telegraph earlier this month showed him walking the streets of London.
According to the report, Nirav Modi has started a new diamond business in Soho, a part of the posh West End area in London.
The Indian authorities, however, said they knew Modi was in the UK and had already started the process of his extradition to India.
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