Modi, who has grown a handlebar moustache since becoming a fugitive, takes a daily walk from his flat to his new office with his dog. When the Telegraph spoke to him, he was wearing a jacket made from Ostrich hide, costing at least £10,000.
The Telegraph has also learnt from a well-placed Government source that Modi was given a National Insurance number in recent months by the Department for Work & Pensions and has been able to operate online bank accounts in the UK while wanted by Indian authorities. He has also been in contact with a wealth management company based in west London, which specialises in advice to rich foreigners.
The ability of Modi to continue living a privileged lifestyle in London will raise serious questions potentially threatening a rift between the UK and India.
It is not clear why the British Government has given him a National Insurance number and yet has apparently failed to act on the Interpol red notice. A Red Notice is a request to locate and provisionally arrest an individual pending extradition.
It is not an international arrest warrant and Interpol cannot compel any member country to arrest an individual who is the subject of a Red Notice. One possibility put to the Home Office by The Telegraph is that Modi may have applied for asylum in the UK. The Home Office said it does not comment on individual cases.