{"id":4469,"date":"2019-03-20T12:00:27","date_gmt":"2019-03-20T12:00:27","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=4469"},"modified":"2019-03-20T12:46:35","modified_gmt":"2019-03-20T12:46:35","slug":"scamster-billionaire-nirav-modi-arrested-in-london","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/","title":{"rendered":"Scamster Billionaire Nirav Modi arrested in London"},"content":{"rendered":"<p>Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being\u00a0 produced in the Westminster Magistrate&#8217;s Court, the UK police said.\u00a0 He was picked up yesterday from a metro station Holborn, central London, said officers in the Enforcement Directorate, which is probing the case against him.<\/p>\n<p>A week ago, UK issued a warrant against him following India&#8217;s request for his extradition. But, a decision on the extradition will not be taken without a long-drawn legal process, as is happening in the case of fugitive liquor baron Vijay Mallya, who fled to UK in 2017 as banks tried to recover loans to the tune of\u00a0<span class=\"rupee\">Rs.<\/span>\u00a09000 crore from him.<\/p>\n<p>UK has recently approved Vijay Mallya&#8217;s extradition, but the matter is now pending with its Home Office.<\/p>\n<p>Nirav Modi is said to be living at a 33-storey Centre Point Apartment complex in West End, the post theatre district in London. Last month, he was sighted in London, walking around in an expensive ostrich-hide jacket. He had brushed off the questions of a reporter who spotted him, with a &#8220;no comments&#8221;. The Telegraph reporter later said that he has started a diamond business in Soho after acquiring necessary permits.<\/p>\n<p>The 48-year-old billionaire had skipped the country last year, weeks before the detection of the\u00a0<span class=\"rupee\">Rs.<\/span>\u00a013,000-crore Punjab National Bank scam. His relative Mehul Choksi, who was also wanted in the case, has been granted citizenship of Antigua and Barbuda.<\/p>\n<div id=\"checked\">\n<div class=\"teads-adCall\">The Central Bureau of Investigation is probing the case, which involved fake guarantees in the name of the state-run lender to secure loans overseas.<\/div>\n<\/div>\n<p>The arrest is expected to come as a shot in the arm for the BJP, which is under Congress attack in the matter. The Congress has accused Prime Minister Narendra Modi of aiding industrialists like Nirav Modi and Mehul\u00a0 Choksi.<\/p>\n<p>Minutes after the arrest, Union Minister Hardeep Puri tweeted:<\/p>\n<div class=\"SandboxRoot env-bp-350\" data-twitter-event-id=\"0\">\n<div id=\"twitter-widget-1\" class=\"EmbeddedTweet EmbeddedTweet--cta js-clickToOpenTarget tweet-InformationCircle-widgetParent\" lang=\"en\" data-click-to-open-target=\"https:\/\/twitter.com\/HardeepSPuri\/status\/1108305651678109697\" data-iframe-title=\"Twitter Tweet\" data-scribe=\"page:tweet\" data-twitter-event-id=\"1\">\n<div class=\"EmbeddedTweet-tweetContainer\">\n<div class=\"EmbeddedTweet-tweet\">\n<blockquote class=\"Tweet h-entry js-tweetIdInfo subject expanded\" cite=\"https:\/\/twitter.com\/HardeepSPuri\/status\/1108305651678109697\" data-tweet-id=\"1108305651678109697\" data-scribe=\"section:subject\">\n<div class=\"Tweet-body e-entry-content\" data-scribe=\"component:tweet\">\n<p class=\"Tweet-text e-entry-title\" dir=\"ltr\" lang=\"en\">You can run, but cannot hide from the country&#8217;s <span class=\"PrettyLink-prefix\">#<\/span><span class=\"PrettyLink-value\">Chowkidar<\/span>. As wheels of justice grind, after Vijay Mallya, fugitive Nirav Modi has been arrested in London. Clear sign that this is not the India which will allow economic offenders to loot the country &amp; evade the long arm of law.<\/p>\n<\/div>\n<\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"resize-sensor\">\n<div class=\"resize-sensor-expand\">\n<div>National Conference chief Omar Abdullah gave a quick response saying that it is amusing to see the BJP falling over itself to credit the PM with the Nirav Modi arrest while completely ignoring the fact that it was The Telegraph of London &amp; it&#8217;s correspondent who found Nirav Modi, not the PM &amp; his agencies.<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being\u00a0 produced in the Westminster Magistrate&#8217;s Court, the UK police said.\u00a0 He was picked up yesterday from a metro station Holborn, central London, said officers in the Enforcement Directorate, which is probing the case against [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[146,431,3588],"class_list":["post-4469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","tag-nirav-modi","tag-punjab-national-bank","tag-the-telegraph"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scamster Billionaire Nirav Modi arrested in London - Finance Intellect<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scamster Billionaire Nirav Modi arrested in London - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being\u00a0 produced in the Westminster Magistrate&#8217;s Court, the UK police said.\u00a0 He was picked up yesterday from a metro station Holborn, central London, said officers in the Enforcement Directorate, which is probing the case against [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-20T12:00:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-20T12:46:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Team Finance Intellect\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Finance Intellect\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\"},\"author\":{\"name\":\"Team Finance Intellect\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e\"},\"headline\":\"Scamster Billionaire Nirav Modi arrested in London\",\"datePublished\":\"2019-03-20T12:00:27+00:00\",\"dateModified\":\"2019-03-20T12:46:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\"},\"wordCount\":430,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg\",\"keywords\":[\"Nirav Modi\",\"Punjab National Bank\",\"The Telegraph\"],\"articleSection\":[\"Economy and Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\",\"name\":\"Scamster Billionaire Nirav Modi arrested in London - Finance Intellect\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg\",\"datePublished\":\"2019-03-20T12:00:27+00:00\",\"dateModified\":\"2019-03-20T12:46:35+00:00\",\"author\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e\"},\"breadcrumb\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage\",\"url\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg\",\"contentUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg\",\"width\":620,\"height\":464},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/financeintellect.com\/home-page\/home\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Scamster Billionaire Nirav Modi arrested in London\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/\",\"name\":\"Finance Intellect\",\"description\":\"Get business and finance insights\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/financeintellect.com\/home-page\/home\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e\",\"name\":\"Team Finance Intellect\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4c0a180f6df33c7efda4a01bbf6d8981f70509af7fcc506a312b85cf5162f186?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4c0a180f6df33c7efda4a01bbf6d8981f70509af7fcc506a312b85cf5162f186?s=96&d=mm&r=g\",\"caption\":\"Team Finance Intellect\"},\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Scamster Billionaire Nirav Modi arrested in London - Finance Intellect","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/","og_locale":"en_US","og_type":"article","og_title":"Scamster Billionaire Nirav Modi arrested in London - Finance Intellect","og_description":"Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being\u00a0 produced in the Westminster Magistrate&#8217;s Court, the UK police said.\u00a0 He was picked up yesterday from a metro station Holborn, central London, said officers in the Enforcement Directorate, which is probing the case against [&hellip;]","og_url":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/","og_site_name":"Finance Intellect","article_published_time":"2019-03-20T12:00:27+00:00","article_modified_time":"2019-03-20T12:46:35+00:00","og_image":[{"width":620,"height":464,"url":"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg","type":"image\/jpeg"}],"author":"Team Finance Intellect","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Team Finance Intellect","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#article","isPartOf":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/"},"author":{"name":"Team Finance Intellect","@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e"},"headline":"Scamster Billionaire Nirav Modi arrested in London","datePublished":"2019-03-20T12:00:27+00:00","dateModified":"2019-03-20T12:46:35+00:00","mainEntityOfPage":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/"},"wordCount":430,"commentCount":0,"image":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage"},"thumbnailUrl":"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg","keywords":["Nirav Modi","Punjab National Bank","The Telegraph"],"articleSection":["Economy and Politics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/","url":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/","name":"Scamster Billionaire Nirav Modi arrested in London - Finance Intellect","isPartOf":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/#website"},"primaryImageOfPage":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage"},"image":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage"},"thumbnailUrl":"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg","datePublished":"2019-03-20T12:00:27+00:00","dateModified":"2019-03-20T12:46:35+00:00","author":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e"},"breadcrumb":{"@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#primaryimage","url":"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg","contentUrl":"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg","width":620,"height":464},{"@type":"BreadcrumbList","@id":"https:\/\/financeintellect.com\/home-page\/home\/scamster-billionaire-nirav-modi-arrested-in-london\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/financeintellect.com\/home-page\/home\/"},{"@type":"ListItem","position":2,"name":"Scamster Billionaire Nirav Modi arrested in London"}]},{"@type":"WebSite","@id":"https:\/\/financeintellect.com\/home-page\/home\/#website","url":"https:\/\/financeintellect.com\/home-page\/home\/","name":"Finance Intellect","description":"Get business and finance insights","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/financeintellect.com\/home-page\/home\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e","name":"Team Finance Intellect","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4c0a180f6df33c7efda4a01bbf6d8981f70509af7fcc506a312b85cf5162f186?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4c0a180f6df33c7efda4a01bbf6d8981f70509af7fcc506a312b85cf5162f186?s=96&d=mm&r=g","caption":"Team Finance Intellect"},"url":"https:\/\/financeintellect.com\/home-page\/home\/author\/admin\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/03\/1552418780-3604.jpg","_links":{"self":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts\/4469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/comments?post=4469"}],"version-history":[{"count":1,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts\/4469\/revisions"}],"predecessor-version":[{"id":4471,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/posts\/4469\/revisions\/4471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/media\/4470"}],"wp:attachment":[{"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/media?parent=4469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/categories?post=4469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financeintellect.com\/home-page\/home\/wp-json\/wp\/v2\/tags?post=4469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}