Nirav Modi, accused in the USD 2 billion PNB fraud case, is living in a swanky 8-million pound apartment in London's West End

London, Mar 9: 

The diamond merchant, Nirav Modi, who fled the country after committing a fraud of 13,000 Cr with funds taken from Punjab National Bank, has been spotted, and questioned by the reporters of The Telegraph UK in London.

As reported by The Telegraph, he lives in an affluent Centre point Tower Block apartment. The said apartment, if taken on rent must be worth Rs 15.5 lakh per month, and if bought, its cost hovers around Rs 73 Cr.

Modi can be seen sporting a handle-bar mustache and wearing an Ostrich Hide jacket

The revelation comes a day after Modi's 30,000 sq ft seaside mansion at Kihim beach in Maharashtra was demolished by authorities using explosives. Despite his bank accounts being frozen by the Indian authorities and an Interpol red notice being issued for his arrest, Modi, a diamond jeweler whose designs have been worn by Hollywood stars, is now involved in a new diamond business based in London, the report said.

Modi ducked them by saying, "Sorry no comments"

In a video posted by the newspaper, Modi can be seen sporting a handle-bar mustache and wearing an Ostrich Hide jacket, estimated to cost 10,000 pounds. When the journalist from The Telegraph questioned him on various issues, including whether he has urged Britain to grant him a political asylum, Modi ducked them by saying, "Sorry, no comment". A source told the UK daily that Modi had been given a National Insurance number by the Department for Work and Pensions, which means he can legally work in Britain, and has access to British bank accounts.