According to sources Nirav Modi, the billionaire jeweler at the heart of a more than $2 billion fraud case, has fled to the UK, where he is claiming political asylum, the media reported citing Indian and British officials. Britain's Home Office said it does not provide information on individual cases. As per report Nirav Modi could not be contacted by Reuters for comment on the report.
Earlier on May 1, it was reported that Nirav Modi was attempting to hire a lawyer who could help him get political asylum in the UK. Meanwhile the billionaire designer had approached at least two firms in the United Kingdom. As per report Punjab National Bank said earlier in 2018 that two jewelry groups headed by Nirav Modi and his uncle Mehul Choksi had defrauded it of about $2.2 billion by raising credit from overseas branches of other Indian banks using illegal guarantees issued by rogue PNB staff at a Mumbai branch over several years.
Furthermore the Ministry of external affairs told
the FT the Indian government was waiting for the law enforcement agencies to
approach them before pushing for an extradition, which had thus far not
happened. Moreover the ministry did not respond to a Reuters request for
comment outside regular working hours.
Supreme Court judge wins hearts! Relief materials had been collected at the premises of the supreme court of India, and justice Joseph Kurien actively participating in helping packing and collecting of relief materials had come as a surprise and inspiration for others in the premises. Kerala, God's own country as people call it, had been hit by an unprecedented disaster after being impacted by never before seen huge rainfall in the past 100 years.
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