The Enforcement Directorate officials are also of the view that Nirav Modi's extradition case is progressing at a good pace since after handling fugitive liquor baron Vijay Mallya's case, officials are better aware of the law proceeding in the London.
Fugitive diamond merchant Nirav Modi is likely to be arrested till 25th March, according to reports. The Enforcement Directorate (ED) is in constant touch with the officials handling Nirav Modi's case in London. Earlier on March 18, a Westminster Court in London had issued an extradition warrant against the fugitive diamantaire which has made the arrest of Nirav Modi imminent.
The Enforcement Directorate officials are also of the view that Nirav Modi's extradition case is progressing at a good pace since after handling fugitive liquor baron Vijay Mallya's case, officials are better aware of the law proceeding in the London.
After a London court issued an arrest warrant against Nirav Modi, he is likely to be arrested soon. Nirav Modi is the prime accused in Rs 13,000 crore Punjab National Bank (PNB) fraud. He escaped India an ample time before the PNB fraud case had come in to public domain.
Ever since his escape from India, law enforcement agencies have been attaching, sealing his assets (movable and immovable) in order to recover the cost of the fraud.
A couple of weeks ago, Nirav Modi was confronted by British newspaper The Telegraph's reporter who posed several questions to the fugitive but he (Nirav Modi) kept replying only this, "Sorry ... no commnet". Nirav Modi was confronted on a busy London street wearing an Ostrich made really expensive jacket.
The reporter has asked various questions to the fugitive including how long he was intending to stay in England and about the PNB fraud, but Nirav Modi did not answer a single question and responded with only "no comment."
According to a report by The Telegraph, Nirav Modi is living in a swanky property and has started a new diamond business in London.
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 "Nirav Modi (File Photo)")
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