Nirav Modi spotted in Dubai, may be in Egypt now: Report
Fraud accused diamond merchant Nirav Modi was last traced to Dubai recently but intelligence agencies have since lost track of him, according to reports. He reportedly travelled to Egypt from Dubai but there was no confirmation. Nirav Modi, accused of defrauding PNB of â¹6,500 crore through fraudulent Letters of Undertakings (LoUs), fled the country in January.