Nirav Modi, Mehul Choksi's Raigad bungalow to be demolished

Modi and Choksi are the main accused in the PNB scam.

Nirav Modi, Mehul Choksi's Raigad bungalow to be demolished

New Delhi: Absconding diamantaire Nirav Modi and his uncle Mehul Choksi's bungalows in Raigad will be demolished as per the Maharashtra government order.

All the bungalows built by the sea-side in Raigad  are reported to be illegal. Several bungalows are owned by celebrities also. There are 212 bungalows in Raigad's Alibaug while Murud has 151 illegal houses.

On Monday, UK authorities confirmed that Nirav Modi is currently in London. The authorities have confirmed Modi's presence to Indian government and probing agencies. The fugitive diamantaire is being wanted in India as a prime accused in the USD 2 billion loan fraud scam at Punjab National Bank.

Meanwhile the Central Bureau of Investigation (CBI) has requested for his extradition and asked UK government for Nirav Modi’s detention.

Modi and Choksi, are the main accused in the PNB scam and they both left India before the details of the fraud came to light on January 16. While it has now emerged that Choksi has taken citizenship of the Caribbean island of Antigua, his nephew's location remains unclear.

According to earlier informations available in the UK, Modi arrived in London earlier this year on an Indian passport. The UK government was informed about the revocation of that particular passport via a formal Note Verbale from the Indian authorities on February 19, following which the UK Home Office indicated that the businessman had already entered the UK on that travel document but there was no record of him exiting the country.

It later emerged that the 47-year-old was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February, having visited the UK, France and Belgium among some of the countries in the past few months.

During his stay in London he was reportedly living in the heart of the city above his jewellery boutique called "Nirav Modi" on Old Bond Street, which has since closed down. His last reported exit from the UK was on a flight to Paris at the end of March.

The Interpol has issued two Red Corner Notices against Modi and the Indian government has also written to several European countries seeking assistance in tracking down Modi.

(Reporter Inputs: Rajeev Ranjan Singh)

 

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