Fugitive diamantaire Nirav Modi was tracked living openly in a swanky 8-million pound apartment in London’s West End and running a new diamond business. UK Home Secretary Sajid Javid has certified India’s extradition request for Nirav Modi.
Nirav Modi wanted in the Rs 13,500 crore Punjab National Bank (PNB) fraud case, officials involved with the proceedings in the UK confirmed on Saturday.
Under the India-UK Extradition Treaty arrangements, the paperwork is now with the District Judge at Westminster Magistrates’ Court in London to issue an extradition warrant against Modi to be executed by Scotland Yard.
Modi, 48, was tracked down to a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block of luxury apartments, where rent is estimated to be around 17,000 pounds a month, the newspaper reported.
The Indian High Commission in London had confirmed in August 2018 that India had handed in the extradition request documents for Modi, which have been under consideration by the UK government since then.
The Indian authorities were informed of the development on Thursday, with officials here indicating that an arrest warrant against Modi may now be a matter of weeks, moving the extradition request to the next stage.
The confirmation of the certification of the extradition request, filed by the Indian authorities in August last year, came just as ‘The Daily Telegraph’ reported on Saturday that it had discovered Modi living openly in the heart of London and running a new diamond business just yards away.