Last Updated: 9th March, 2019
The clock is ticking over Nirav Modi. The criminal diamantaire, who is charged in the over Rs 13,000 crores Punjab National Bank forgery, has been found by UK-based The Telegraph. Allegedly, Nirav Modi is as of now placing up in London’s West End in his £8 million condo and is said to maintain a diamond business. The Telegraph has unveiled a video that demonstrates Modi brandishes a handlebar mustache and a whisker. He is heard over and again answering to the journalists’ inquiries with “no comments.”
It was just on Friday that Nirav Modi’s lodge in Alibaug was crushed utilizing a lot of explosives and substantial machinery. The Raigad regional administration cut down the rambling sea-facing property, which is assessed to be worth over Rs 100 crores.
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
Reports state that Modi’s 33,000 square foot sumptuous Alibaug lodge were wrongfully fabricated and disregarded beached coastal regulation zone (CRZ) standards and the state’s guidelines.
As indicated by Times Of India, Raigad’s collector Bharat Shitole stated, “The chateau of criminal diamantaire Nirav Modi was impacted at 11.15 am on Friday. An aggregate of 110 dynamite sticks was embedded into the holes drilled into the fortified cement concrete. A sum of 30 kg of blasting material was utilized to shoot the rambling mansion within seconds.”
Nirav Modi and his uncle Mehul Choksi, who to be the owner of Gitanjali Gems, fled India in January 2018. Both Modi and Choksi are being explored by investigating offices in India after Punjab National Bank detailed that it had been deceived of Rs 13,600 crores through fake issue of Letter of Undertaking (LoUs) and Foreign Letters of Credit (FLCs). Nirav Modi’s visa was denied in February a year ago because of the forgery.