New Delhi: Slamming the Modi government over a news report that fugitive diamantaire Nirav Modi was living in a swanky apartment in London, the Congress Saturday alleged fugitives had looted Rs 1 lakh crore from Indian banks but not even one has been caught in five years.

The British daily Telegraph reported that billionaire diamond tycoon, accused in the USD 2 billion PNB fraud case, has been tracked down by it to an 8 million pound apartment in London's West End.

"Fugitive Nirav Modi has been seen enjoying in London, living in a Rs 75 crore flat and wearing a 10,000 pound jacket," Congress' chief spokesperson Randeep Surjewala told reporters.

"First loot Rs 23,000 crore from banks, then run away from the country without any checks, mock the CBI and the ED and then make a comfortable home in a Rs 75 crore flat. (Narendra) Modi is there, so it is possible," he claimed.

It seems Prime Minister Narendra Modi is running a "bank fraudsters settlement company" for the likes of Nirav Modi and his uncle Mehul Choksi, Surjewala alleged.

"Fugitives looted Rs 1 lakh crore from Indian banks but you have not even caught one in the last five years," he claimed.

 

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Ullal: Police have arrested an absconding accused who had failed to appear in court in connection with multiple criminal cases.

The arrested accused has been identified as Abdul Rahiman Arfan, also known as Jaldi Arfan (29), a resident of Bandikotya in Ullal.

According to police, eight cases were registered against him at the Ullal police station. Despite this, he had been absconding and did not appear in court for proceedings.

The court had issued a non-bailable warrant against him. Acting on this, Ullal police traced and arrested the accused and produced him before the court.