Aware Nirav Modi is in London, waiting for UK reply on extradition: Govt

A spokesman for the foreign ministry said the government knew that Nirav Modi was in London

Ministry of External Affairs said on Saturday it was waiting for Britain to respond to its request to extradite fugitive billionaire jeweller Nirav Modi, after London's Telegraph newspaper reported that he was living in an upscale apartment in London.

India had asked Britain in August to extradite Modi, one of the main suspects charged in the $2 billion loan fraud at state-run Punjab National Bank (PNB), India's biggest banking fraud.

A spokesman for the foreign ministry said the government knew that Modi was in London.

"Just because Nirav Modi has been spotted doesn't mean he will be brought back immediately,"