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Nirav living royal life in London

London: Fugitive diamantaire Nirav Modi, wanted in India in the Rs 13,500 crore PNB fraud case, has been discovered living openly in a swanky 8 million pound apartment in London's West End and is running a new diamond business just yards away, a UK media report said on Saturday. Modi, 48, was tracked down to a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block of luxury apartments, where rent is estimated to be around £17,000 a month, 'The Daily Telegraph' reported.

Despite his bank accounts being frozen by the Indian authorities and an Interpol red notice being issued for his arrest, Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now reportedly involved in a new diamond business based in London. In a video posted by the newspaper, a "plumper" Modi can be seen sporting a handle-bar moustache and wearing an Ostrich Hide jacket, estimated to cost £10,000.

On being accosted by reporters and questioned on various issues, including whether he had applied for political asylum in Britain and what he had to say after the charges against him, Modi responded to a volley of queries with a curt: "No comment". According to the report, the fugitive businessman has been given a National Insurance number by the UK's Department for Work and Pensions (DWP) in order to be able to legally work in Britain and has also been able to operate online bank accounts in the country.

Modi is the subject of an Interpol red notice since July last year, which is a request to locate and arrest a wanted individual pending extradition proceedings. However, if Modi has applied for political asylum in the UK, that process may hamper any arrest until his asylum application is considered by the UK Home Office.

Modi is believed to have arrived in London last year and was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February 2018. During some of his stays in London he was reportedly also living in the heart of the city above his jewellery boutique called "Nirav Modi" on Old Bond Street, which has since closed down.

Modi is now believed to be running a new business which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores. While Modi is not listed as a named director of this new business, the UK media report claims he was seen walking his dog from his flat to the new office.

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