PNB scam accused Nirav Modi living in London, says report
London, Mar 9 (IBNS): Billionaire diamond merchant Nirav Modi, who is wanted in India in the Rs 13,600 crore PNB scam, is living in London, The Telegraph said.
In a video published on the UK newspaper's Twitter handle, a reporter is seen walking with Modi in London and asking him one question after another, to all of which the Indian replies: "No comment".
Exclusive: Telegraph journalists tracked down Nirav Modi, the billionaire diamond tycoon who is a suspect for the biggest banking fraud in India's historyhttps://t.co/PpsjGeFEsy pic.twitter.com/v3dN5NotzQ
— The Telegraph (@Telegraph) March 8, 2019
The 48-year-old diamond merchant has been on the run since being named in India's biggest banking scam.
According to the report, Nirav Modi has started a new diamond business in Soho, a part of the posh West End area in London.
He is apparently living in an £8 million apartment in West End, London.
In the video, Modi is seen sporting a handlebar moustache and an ostrich leather jacket that usually costs upwards of Rs 9 lakh.
The reporter is seen asking Modi how long he intended to stay in England and whether he had started another diamond business. Modi replies "No comments."
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