Fugitive Indian billionaire Nirav Modi spotted in London

CHANDAN KHANNA / AFP

Fugitive billionaire Nirav Modi, who is wanted in $2 billion-bank fraud case in India, has been tracked down to London.

He was spotted walking on a street in London's West End by a reporter of the British newspaper The Telegraph

In a two-minute video clip, Modi is seen repeatedly answering “no comment” to every question posed by the reporter.

Sporting a jacket made from “Ostrich hide” that costs “at least £10,000”, he's seen getting into a cab and leaving. 

According to The Telegraph, Modi has started a diamond business in Soho and is living in a “three-bedroom flat " apartment worth £8 million. 

In July, an Interpol red notice was issued for Modi’s arrest for his involvement in the banking fraud.

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