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Watch: India's Most Wanted Nirav Modi Living Openly In London And Says 'No Comments'

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| March 9 , 2019 , 12:07 IST

Recently, fugitive Nirav Modi was spotted on the streets of London. According to the Daily Telegraph, a UK-based newspaper released a video in which, Modi apparently sporting a jacket made from “Ostrich hide” which costs “at least £10,000” (over Rs 9 lakh), repeatedly answering “no comment” to every question posed by the reporter.

Nirav has been accused of multicrore fraud in Punjab National Banks. Reportedly, the article published in The “Telegraph” stated, Nirav is running a diamond business in London.

The article also stated "Modi is living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, with views across London”, worth at least £17,000 (Rs 15 lakh)."

Modi and his maternal uncle Mehul Choksi are being investigated by Indian investigating agencies after the PNB reported that it had been cheated of Rs 13,600 crore through fraudulent issue of letters LoUs and foreign letters of credit (FLCs).

ALSO READ: PNB Scam: Nirav Modi's Lawyer Replies To Enforcement Directorate

Whereas, Nirav Modi's sprawling Alibaug bungalow was also demolished by the authorities on Friday. It is said that over 100 dynamite sticks were strategically placed within and outside the bungalow near Kihim beach, and the blast took place at 11.15 a.m. amidst tight security, said an eyewitness from the site.

To speed up the process, they decided to demolish the building through a controlled explosion, using dynamite. Raigad district collector Vijay Suryawanshi said the demolition was successful, according to news agency PTI.

The demolition was taken up following a Bombay High Court order on public interest litigation (PIL) filed by non-profit Shamburaje Yuva Kranti in 2009, demanding action against illegal bungalows, hotels and resorts violating the high-tide and low-tide zones in tiny villages dotting the beaches of Raigad.

Nirav Modi is one of the main accused, along with his uncle Mehul Choksi, in the Rs. 13,000 crore Punjab National Bank scam. Nirav Modi had initially approached the High Court to stop the demolition as the bungalow was among the properties attached by the Enforcement Directorate after the PNB scam surfaced.

But later, the agency handed over the bungalow to the district administration after removing valuable items.

Whereas, Randeep Singh Surjewala takes a Digs at Narendra Modi on Nirav's latest track down.