PNB Scam: UK says India did not respond on Nirav Modi's arrest offer
New Delhi : The United Kingdom has alleged that soon after reports of diamantaire Nirav Modi living in a swanky 8-million pound apartment in London’s West End, the British authorities sought information to come to India and initiate action against Nirav Modi but Indian government, which claims to be doing efforts in bringing him back, did not give any response.
In 2018, India had sent the first alert to the serious fraud, following which the Central Bureau of Investigation (CBI) had filed a case against Nirav Modi and his family members in the multi-crore Punjab National Bank scam.
NDTV reported that it was the British authorities that first got to know Nirav Modi was in the UK and informed India on the same while its officials were still struggling to know if Nirav Modi was in Hong Kong or Europe. Following which, the Serious Frauds Office assigned a counsel to help India but it soon realized that more documents were needed from the Indian side. They wrote three letters last year, only to get no response from India.
On March 11, the Enforcement Directorate had issued fresh charges on Nirav Modi and others under the anti-money laundering law, officials said Monday.
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According to another media report, Nirav Modi is believed to have started a new diamond business in London and is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block in London, where rent is estimated to cost 17,000 pounds a month.
The ED had filed the first chargesheet in the case in May last year.
The agency and the CBI are investigating Modi, his uncle Mehul Choksi and others for alleged money laundering and corruption to perpetrate the alleged scam in the Brady House branch of PNB in Mumbai, that was unearthed last year. It has also attached his assets worth Rs 1,873.08 crore under the PMLA and has seized assets linked to him and his family worth Rs 489.75 crore.