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The British government seems to be turning a blind eye to India's most wanted fraudster, Nirav Modi, who found a safe harbor in London, despite an Interpol Red Notice and Indian authorities' demands for his arrest and extradition. The newspaper reported that he was wearing a jacket that was made of ostrich hide, which would have cost at least 10,000 British pounds.

The opposition attack came after a video released by the UK's The Telegraph newspaper showed Nirav Modi walking freely on the London streets. In the clip, he refuses to answer Telegraph reporter Mick Brown's question on whether he had applied for political asylum in the UK.

Finally, amidst the clamour of discrepancy in the way India has pursued the extradition of another economic offender Vijay Mallya, versus how it has allowed the British government to delay sending Nirav Modi back, the BJP sought to remind that it was the Congress government that had in fact given Mallya a second loan.

The CBI, in its charge sheets filed on May 14, had alleged that Nirav Modi, through his companies, siphoned off funds to the tune of ₹ 6,498.20 crore using fraudulent LoUs issued from PNB's Brady House branch in Mumbai.

He has been able to operate online bank accounts in the United Kingdom while wanted by Indian authorities....

The government can not extradite Nirav Modi just because he has been spotted in London, Ministry of External Affairs (MEA) Spokesperson, Raveesh Kumar, told ANI in an interview. "The UK central authority of home office has confirmed that the extradition request has been sent to the Westminster Magistrate Court for the district judge for further proceedings", the directorate said in a statement in New Delhi.

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Britain's Department of Work and Pensions has also granted the businessman a National Insurance number, The Telegraph reported quoting unidentified government officials. Nirav is apparently in contact with a wealth management firm in west London, which is famous for offering advice to rich foreigners.

He added, "At repeated intervals, a request for expediting the extradition has been done".

The Telegraph said Nirav Modi walks his dog from his home to his new office every day.

"It is not an global arrest warrant and Interpol can not compel any member country to arrest an individual who is the subject of a red notice".

But he drew attention to the rules governing the issue of a National Insurance number. His legal team accuses the Punjab National Bank of a cover-up to avoid liability for the missing funds.