Billionaire jeweller Nirav Modi flees to UK, claiming political asylum
Nirav Modi, the billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled to the UK, where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials
Nirav Modi Modi and his uncle Mehul Choksi had defrauded PNB of about $2.2 billion by raising credit from overseas branches of other Indian banks. Image source: Reuters