According to an official, the billionaire left India on January 1 and went to the UAE. From there he fled to Hong Kong and then to London in February. In March, he left UK and is now in New York
Fugitive businessman Nirav Modi, wanted in connection with the alleged PNB fraud worth Rs 13,000 crore, is learnt to have fled from Hong Kong to the United States on his revoked Indian passport, reported NDTV.
The diamantaire had reportedly left India in the first week of January this year before the alleged scam came into light. After a CBI probe started into the matter, the Ministry of External Affairs suspended the passports of Nirav Modi and his uncle Mehul Choksi, who is also allegedly involved in the fraud.
However, Nirav Modi is able to travel on his cancelled passport as the host countries are allowing him, following their regulation with regard to it. “If the host country accepts a traveler, the passport being suspended or cancelled is not an issue,” said the publication quoting its sources.
According to an official, the billionaire left India on January 1 and went to the UAE. From there he fled to Hong Kong and then to London in February. In March, he left UK and is now in New York.
If the information is true, Nirav Modi was not in Hong Kong when on March 23, India approached authorities in Hong Kong to arrest him.
Meanwhile, the Centre recently brought an ordinance to seize all the properties of "fugitive economic offenders", including Nirav Modi.