India has been pressing the United Kingdom to extradite Mallya and Modi to face trial in India for their alleged involvement in cases relating to financial fraud.
On April 15, the UK government had signed an order for the extradition of Nirav Modi to India.
The UK government Friday approved the extradition of fugitive jeweller Nirav Modi — wanted in the Rs 13,500 crore Punjab National Bank loan fraud case by CBI and the Enforcement Directorate — to India. Unless overturned by the High Court in the country, Modi should be brought back to India soon........Watch other major news.
United Kingdom's (UK) Home Minister has approved the extradition of fugitive diamond merchant Nirav Modi to India, a CBI official informed on Friday. Nirav Modi is accused in Rs 13,500 crore PNB fraud scam.
Finance Minister Nirmala Sitharaman on Thursday said that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi are "coming back" to India" to face the law. The government is persuing extradition of Mallya and Modi from the UK while Choksi is believed to be in Antigua.
The jail official said that once Nirav Modi is brought to Mumbai, he will be kept in one of the three cells of barrack number 12, which is a high security barrack.
In a major setback to fugitive diamond merchant Nirav Modi, a UK court on Thursday ordered his extradition in connection with the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case, after almost a two-year-long legal battle.
In a major setback to fugitive diamond merchant Nirav Modi, a UK court on Thursday ordered his extradition in connection with the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case, after almost a two-year-long legal battle.
A UK court on Thursday ordered the extradition of diamond merchant Nirav Modi to India to stand trial in the estimated USD 2-billion Punjab National Bank (PNB) scam case. After a nearly two-year-long legal battle, the court ruled that a prima facie case has been established against Modi as it dismissed the diamantaire's "mental health concerns" stating "they are not unusual in a man in his circumstances".
A UK court on Thursday ordered the extradition of diamond merchant Nirav Modi to India to stand trial in the estimated USD 2-billion Punjab National Bank (PNB) scam case.
PNB is India's second-biggest state-run lender. The scam stunned the financial sector of the country after a fraud worth Rs 11, 400 crore was unearthed at a single branch in Mumbai.
A prima facie case has been established against wanted diamond merchant Nirav Modi in the estimated USD 2-billion Punjab National Bank (PNB) scam case, a UK court ruled in a nearly two-year-long legal battle on Thursday.
Nirav Modi was arrested on an extradition warrant on March 19, 2019, and has appeared via videolink from Wandsworth Prison for a series of court hearings in the extradition case.
Fugitive diamantaire Nirav Modi's sister and her husband have turned approver in the Punjab National Bank (PNB) fraud case.
A special court in Mumbai has allowed Purvi Modi, sister of fugitive diamond merchant Nirav Modi, to become an "approver" or a prosecution witness in the Punjab National Bank (PNB) scam case.
According to the indictment, court filings, and statements made on the record in court, between March 2015 and August 2015, Nehal, a former member of Noble Titan Holdings, made false representations to obtain over USD 2.6 million worth of diamonds from LLD Diamonds USA on favourable credit terms and consignment, and then liquidated the diamonds for his own ends.
A London court on Monday rejected the bail application filed by fugitive diamantaire Nirav Modi, the seventh such rejection by courts of the United Kingdom, officials said.
A UK court hearing arguments in the extradition case of Nirav Modi on Thursday heard expert views on the fugitive diamond merchant’s personal family history of suicide and his deteriorating mental health in prison, which would only further deteriorate in solitary confinement.
Fugitive diamond merchant Nirav Modi, who has been lodged at a prison in London since his arrest in March last year, is set to appear via videolink for the second leg of his extradition trial at a UK court on Monday.
An Interpol global arrest warrant has been issued against Ami Modi, wife of prime accused in the over USD 2 billion PNB bank fraud case Nirav Modi, on charges of money laundering, officials said on Tuesday.
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