New Delhi: The United Kingdom authorities have confirmed that fugitive Nirav Modi is in the UK and the Central Bureau of Investigation (CBI) has moved an extradition request through proper channels, the investigating agency said.
Nirav Modi, along with his uncle Mehul Choksi, are accused in the Rs. 13,500 crore Punjab National Bank (PNB) fraud. They left India in January, weeks before the massive bank scam erupted.
Earlier this month, the government had told parliament that an extradition request for Nirav Modi had been sent to the Indian mission in UK.
Nirav Modi is the 29th fugitive India has asked the UK to extradite since 2002. The UK government has rejected India's request nine times in the last 16 years.
India had cancelled the passports of both Mehul Choksi and Nirav Modi in February.