Indian Diamantaire Nirav Modi who is currently under the investigation for a bank fraud case which is worth about Rs. 13,000 Crore recently spotted in London.
Several international daily papers and news magazines has spotted the India’s most wanted man for investigating the bank fraud case was roaming freely in London streets. Telegraph one of the leading international magazines has spotted the Indian based billionaire and a diamond tycoon Niraj Modi in London streets and tracked news about him.
Based on the news gathered by the International daily magazine Nivar Mode currently living in his own apartment cited in the Western part of the London which is worth about 72 Crore. And also the British daily magazine Telegraph has interviewed Niraj Modi and revealed the information that Niraj Modi is currently in deal of completing new diamond business in London.
The interview conducted by the reporter of the England daily magazine telegraph surfaced in its official social media page. In that particular video, Nirav himself revealed the truth of making new deals on his diamond business in London, in addition, he refused to comment on the issues raised by the Indian government on his bank fraud cases among several state run banks cited in India.
Fraud case on Nirav Modi
About a year, Indian media has highlighted the fraudster Nirav Modi who used fake paper to avail bank loans and hasn’t repaid them properly. Based on the calculation, Nirav Modi has availed around 13K crore Indian rupees from various banks of India.
The 48 year old diamond tycoon was well famous among the several Hollywood and bollywood stars. In fact, Nirav modi was the prime choice for many stars to purchase diamond jewels.
Owing to the fraud case enquiry the billionaire Nirav Modi escaped from the nation by travelling to Caribbean Island and without revealing his identity, he somehow manages to travel several countries by air travel and currently living openly in London.
Indian government has taking several steps to bring back Nirav modi before the justice. As an initiative, the red alert has been issued by the Interpol agencies for arresting Nirav modi and the Indian government has frozen Nirav Modi’s bank accounts. But still Nirav modi manages to access to his funds and living freely outside India.
On analyzing the interview video posted on the official page of Telegraph, modi appears with slight change on his visual appearance by placing a handle bar moustache and by wearing a Ostrich Hide Jacket which is nearly worth 10,000 pounds.
Based on the reports gathered by the trusted source, the diamond tycoon has given with a national insurance number by the Work & Pension department. By using that availed National Insurance Number, Nirav Modi can able to carry on his business work in Britain and it is legal for him to access all his bank accounts which are located in British soil. Let’s wait for the reaction from the Indian government on arresting Nirav Modi.