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H&M
Security And Hse Manager – Borås
Permanent · BORÅS
H&M
Production Manager to h&m Womens Marketing Team
Permanent · STOCKHOLM
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SEO & Taxonomy Specialist
Permanent · STOCKHOLM
H&M
Tactical Buyers to Non-Commercial Goods Purchase Department
Permanent · STOCKHOLM
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Business Controller to h&m Kids New Premium Concept
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Group Manager to Finance & Accounting
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Data Specialist to Costing & Purchasing
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RITUALS
Area Manager Stockholm
Permanent · Stockholm
PUMA
Teamhead Planning & Purchasing
Permanent · Helsingborg
PUMA
Senior Manager Merchandising Puma Golf Europe
Permanent · Solna
PUMA
Strategic Key Account Manager
Permanent · Solna
PUMA
Senior Marketing Manager Cobra Puma Golf Europe
Permanent · Solna
LEVI'S
Key Account Manager
Permanent · Stockholm
GANT GLOBAL HQ, STOCKHOLM
Retail Sales Trainer Nordics
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Global Brand Production Director
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Global Legal Coordinator
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Senior Digital Analyst
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Head of Retail Operations
Permanent · STOCKHOLM
GANT NORDIC
Sales Advisor/Visual Merchandiser 70%, Gant Flagship Store Stockholm
Permanent · LONDON
GANT GLOBAL HQ, STOCKHOLM
Marketplace Sales & Operation Specialist
Permanent · STOCKHOLM
GANT NORDIC
Sales Advisor Extra, Gant Store Mall of Scandinavia
Permanent · SOLNA
GANT GLOBAL HQ, STOCKHOLM
Global Wholesale Order Book Specialist
Permanent · STOCKHOLM
By
Reuters
Published
Jun 11, 2018
Reading time
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Indian billionaire jeweller Nirav Modi flees to UK, claiming political asylum

By
Reuters
Published
Jun 11, 2018

Nirav Modi, the billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled to the UK, where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials.

Nirav Modi is in London trying to claim asylum from what he calls “political persecution”, the FT reported - Nirav Modi- Facebook


Britain’s Home Office said it does not provide information on individual cases. Nirav Modi could not be contacted by Reuters for comment on the FT report.

Punjab National Bank, India’s second-largest state-run bank, said earlier in 2018 that two jewellery groups headed by Modi and his uncle Mehul Choksi had defrauded it of about $2.2 billion by raising credit from overseas branches of other Indian banks using illegal guarantees issued by rogue PNB staff at a Mumbai branch over several years.

India’s ministry of external affairs told the FT the Indian government was waiting for the country’s law enforcement agencies to approach them before pushing for an extradition, which had thus far not happened. The ministry did not respond to a Reuters request for comment outside regular working hours.

India is already seeking the extradition of Vijay Mallya, a liquor and aviation tycoon, over unpaid loans to his defunct Kingfisher Airlines after the businessman and co-owner of the Formula One Force India team moved to Britain in March last year.

Indian federal police filed charges against more than 25 people in May including Modi, Choksi, former PNB chief Usha Ananthasubramanian, two of the bank’s executive directors and three companies belonging to Nirav Modi.

Modi and Choksi have denied any wrongdoing.

Last month, senior executives at the bank were accused by the Indian police, in a charge sheet filed in court, of misleading the central bank in late 2016 over the lender’s handling of the financial messaging system and credit guarantees that were at the centre of the fraud.

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