Fugitive diamantaire Nirav Modi received another setback today when London Court rejected his bail plea in Rs 13000 crore bank fraud and money laundering case.
Nirav Modi has been behind bars since his arrest last month. Nirav Modi's extradition proceedings for Rs 13,000 crore bank fraud is also underway. The 48-year-old is being produced before a judge at Westminster court via video-conference.
Next hearing in the case will be held on May 24.