Thirty two days ago Republic TV was the only Indian channel to have tracked down Nirav Modi’s London hideout. After weeks of deep investigation, Republic TV found out that Nirav Modi was staying in a newly acquired property – 103, Marathon House, 200 Marylebone Road, London. In fact, this address has been mentioned by the investigating agencies in the extradition request that has been sent to United Kingdom as Nirav Modi’s London address.
Nirav Modi stayed in a fashionable and very central Westminster area of London -- Flat no 103 on the 13th floor, the topmost floor of this building. Republic TV staked outside this address for two days observing every movement. Finally, we managed to reach the 13th floor dodging the high security at the ground floor. The flat opposite is 104 and had an Om sign and the person inside sounded furious. The accent appeared to be Indian with a twang. He was irritated to see a TV crew on the 13th floor. “I know why you are here. How did you manage to reach the 13th floor,” said the person residing in Flat number 104.
Republic TV was then accosted by a tough security guy who interrogated me for 15 minutes It was a grilling done with a professional intensity. Soon after this visit, Republic TV also managed to get Nirav Modi’s brother and a co-accused in the PNB scam Neeshal Modi on the phone who pinned the blame on his “family member”.
Weeks later, Enforcement Directorate has attached Nirav Modi’s Rs 56.97 crore London property. ED says this property was purchased in the name of “Belvedere Holdings Group Limited” which us managed by Trident Trust, Singapore and has been established by Monte Cristo Trust. The said trust has Nirav Modi’s sister Purvi Modi as the settler and beneficiary.
Here comes the shocking part. Something Republic TV had suspected after carrying out the investigation. ED says, “during investigation, it has been revealed that the ultimate source of the funds used to purchase this property was stolen fund from PNB”. Sources indicate that Nirav Modi bought this property after the case was registered and was staying here for few months. The property was bought in the name of his sister Purvi Modi.