Nirav Deepak Modi (born 27 February 1971) is an Indian-born Belgian fugitive who was charged by Interpol and the Government of India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, money laundering, fraud, embezzlement and breach of contract in August 2018.

[22][non-primary source needed] In 2010, he launched a diamond store bearing his name in New Delhi's Defence Colony, followed by one in Mumbai's Kala Ghoda.

Union Bank claimed in a writ filed at the High Court on 26 September 2018 that Modi guaranteed two loans made to Firestone Trading Private and Firestar Diamond in 2011.

[36] In April 2018, Indian authorities alleged that Modi had found safe haven in Hong Kong and formally requested his arrest.

[38][39][40] In March 2019, The Telegraph reported that he was living in an £8 million apartment in London, and Indian authorities requested his extradition from the UK.

[44] On 25 February 2021, a UK court allowed the Indian government's request to have Modi extradited to India as a key defendant in the PNB fraud case.

[46] Modi then had 14 days to appeal the decision to the UK High Court, which he did on 1 May, claiming he would not get a fair trial in India.

[55] Modi's properties in India, including jewellery, paintings, and real estate, worth about Rs 523 crore (about $75 million) have been seized by the Enforcement Directorate (ED).

[57] The ED has also seized four wind power plants, owned by Modi, in Rajasthan with a total capacity of 9.6 megawatt (MW).

The plants earn up to Rs 5 crore a year due to a share purchase agreement with Rajasthan's state electricity board.

In March 2018, the ED seized a 5.24 MW solar power plant spread over 135 acres in Karjat in Ahmednagar district worth Rs 60 crore.

[58] In March 2019, 68 works from Modi's art collection, were sold on behalf of India's income tax department.

[62] On 8 June 2020, the Prevention of Money Laundering Act (PMLA) Court ordered a confiscation of nearly Rs 1,400 crores worth of his property.

[63] The October 2021 Pandora Papers showed that his sister, Purvi Modi, set up an offshore firm just one month before he fled India.

[65][66] In December 2024, the Finance Minister of India - Nirmala Sitaram claimed that the Enforcement Direcotrate recovered ₹1,052 crore from Nirav Modi's assets and returned the money to banks.