On the day Nirav Modi’s sea-facing bungalow, with an estimated cost of over Rs 100 crore was demolished in India, the fugitive was spotted in Great Britain, by one of the country’s leading dailies.
In their report, the Telegraph has claimed that the fugitive has been living in a three-bedroom flat occupying half of a floor of the Centre Point tower block in the area, a property with a rent likely to be about £17,000 (Rs 15.5 lakh) a month. It further that though the bank accounts of the fugitive in India have been frozen and an Interpol red notice has been issued, Modi has become involved in a new diamond business in Soho locality. The business is close to his residence and was incorporated last May.
“There is very little we can say,” an employee at the Soho office said, they further added that, “We are prohibited by a non-disclosure agreement.”While, a reporter tried asking him questions, he replied “no comment” to each one of those questions.
His luxurious bungalow in Alibaug was demolished on Friday with huge quantitiy of explosives,, was spread over an area of 33,000 square ft. The house was illegally build and violated the coastal regulation zone (CRZ) norms and the state’s regulations as well, according to the authorities.
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
In December 2018, the government had informed the Rajya Sabha that Modi was living in the UK.
