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Fugitive Indian jeweller Nirav Modi arrested in London: UK police

Interpol had issued a red notice for the arrest of celebrated diamond jeweller last July [Divyakant Solanki/EPA] Fugitive billionaire jeweller Nirav Modi had been arrested in London on behalf of the Indian authorities, British police said on Wednesday. India had asked Britain in August to extradite Modi, one of the main suspects charged in the $2bn loan fraud at state-run Punjab National Bank (PNB), India’s biggest banking fraud. Police said Modi, 48, had been arrested in the Holborn area of central London on Tuesday and was due to appear at London’s Westminster Magistrates Court on Wednesday. Interpol had issued […]

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