Highlights

  • Setback for fugitive diamond merchant Nirav Modi
  • UK High Court rejects extradition appeal
  • Wanted by CBI in PNB scam case, lodged in UK prision

Latest news

Salman Khan wraps up `Kisika Bhai Kisiki Jaan` shoot, shares pic from the sets

Salman Khan wraps up `Kisika Bhai Kisiki Jaan` shoot, shares pic from the sets

Aaftab Poonawala asks jail authorities to provide novels, books | Shraddha case

Aaftab Poonawala asks jail authorities to provide novels, books | Shraddha case

'Not serious': Zelenskyy reacts to Price cap level on Russian oil by EU, G7

'Not serious': Zelenskyy reacts to Price cap level on Russian oil by EU, G7

Iran starts construction on $2 billion new nuclear power plant

Iran starts construction on $2 billion new nuclear power plant

FIFA World Cup 2022: Lionel Messi inspires Argentina to 2-1 win over Australia in 1000th game

FIFA World Cup 2022: Lionel Messi inspires Argentina to 2-1 win over Australia in 1000th game

Fugitive businessman Nirav Modi to be extradited to India

Wanted in the Rs 13,500 crore bank fraud case fugitive diamond merchant Nirav Modi has lost appeal against his extradition to India. He is lodged in a UK prison since 2019. 

The High Court in London on Wednesday ordered diamond merchant Nirav Modi's extradition to India to face charges of fraud and money laundering, amounting to an estimated USD 2 billion in the Punjab National Bank (PNB) loan scam case.

Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing earlier this year, delivered the verdict.

The 51-year-old businessman, who remains behind bars at Wandsworth prison in south-east London, had been granted permission to appeal against District Judge Sam Goozee's Westminster Magistrates' Court ruling in favour of extradition last February.

The leave to appeal in the High Court was granted on two grounds – under Article 3 of the European Convention of Human Rights (ECHR) to hear arguments if it would “unjust or oppressive” to extradite Modi due to his mental state and Section 91 of the Extradition Act 2003, also related to mental ill health.

Modi is the subject of two sets of criminal proceedings, with the Central Bureau of Investigation (CBI) case relating to a large-scale fraud upon PNB through the fraudulent obtaining of letters of undertaking (LoUs) or loan agreements, and the Enforcement Directorate (ED) case relating to the laundering of the proceeds of that fraud.

Also watch: US: Indian-origin tech entrepreneur held for USD 45 million investment fraud

He also faces two additional charges of "causing the disappearance of evidence" and intimidating witnesses or “criminal intimidation to cause death”, which were added to the CBI case.

Up Next

Fugitive businessman Nirav Modi to be extradited to India

Fugitive businessman Nirav Modi to be extradited to India

Aaftab Poonawala asks jail authorities to provide novels, books | Shraddha case

Aaftab Poonawala asks jail authorities to provide novels, books | Shraddha case

MCD Polls: Who will win the high stakes Delhi civic polls?

MCD Polls: Who will win the high stakes Delhi civic polls?

Gujarat: Campaigning for second phase concludes, voting on Monday

Gujarat: Campaigning for second phase concludes, voting on Monday

Popular social media influencer passes away at 21

Popular social media influencer passes away at 21

Umar Khalid acquitted in 2020 Delhi riots case

Umar Khalid acquitted in 2020 Delhi riots case

More videos

For the first time women Agniveers inducted in Indian Navy: Navy Chief

For the first time women Agniveers inducted in Indian Navy: Navy Chief

Video: shootout in Rajasthan's Sikar, history sheeter Raju Theth shot dead

Video: shootout in Rajasthan's Sikar, history sheeter Raju Theth shot dead

Bengal: blast near venue of TMC's Abhishek Banerjee's rally; 2 killed, several wounded

Bengal: blast near venue of TMC's Abhishek Banerjee's rally; 2 killed, several wounded

Mobile phones banned inside temple premises across Tamil Nadu

Mobile phones banned inside temple premises across Tamil Nadu

Jai Shri Ram vs Jai Siya Ram: Rahul Gandhi lessons BJP on its slogan

Jai Shri Ram vs Jai Siya Ram: Rahul Gandhi lessons BJP on its slogan

Chhattisgarh: quota in state increased to 76% after govt clears 2 amendment bills

Chhattisgarh: quota in state increased to 76% after govt clears 2 amendment bills

US responds to China’s objection to its joint military exercise with India

US responds to China’s objection to its joint military exercise with India

Google and Alphabet CEO Sundar Pichai receives Padma Bhushan, says 'India is a part of me'

Google and Alphabet CEO Sundar Pichai receives Padma Bhushan, says 'India is a part of me'

Hookah bars in Kolkata to shut down amid reports of drug dealing

Hookah bars in Kolkata to shut down amid reports of drug dealing

ED arrests Chhattisgarh CM's deputy secretary in money laundering case

ED arrests Chhattisgarh CM's deputy secretary in money laundering case

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.