nirav modi

A UK court has dismissed fugitive diamantaire nirav modi's plea to reopen his extradition order, bringing him closer to facing charges in India for a Rs 6,500 crore Punjab National Bank scam. The High Court found no exceptional circumstances to revisit the earlier decision, despite Modi's concerns about ill-treatment. This development follows years of legal proceedings since his 2019 arrest.

Fugitive jeweller nirav modi has lost his final bid to reopen his extradition appeal in London. Judges expressed concern over the use of 'proscribed treatment' to obtain confessions in India, but stated they would have reopened the appeal were it not for government assurances. Modi now faces extradition within a month, with limited avenues for further legal challenge.

Appearing defiant in London, nirav modi testified in a civil trial, denying owing Bank of India over $10.7 million. He claimed banks, CBI, and ED destroyed his 20-year business, asserting no fraud against Punjab National Bank. Modi alleged PNB colluded with CBI, leading to an FIR without his input, and ED's actions halted his operations.

Fugitive jeweller nirav modi appeared in a London court to contest a Rs 100 crore claim by Bank of India. The bank seeks repayment of a loan to his company, Firestar Diamond, for which Modi provided a personal guarantee.

A UK court on Thursday ruled that fugitive diamantaire nirav modi can be extradited to India to face charges of fraud and money laundering amounting to an estimated $2 billion.

On whether diamantaire nirav modi travelled multiple times to foreign countries on an Indian passport which had been revoked in Feb 2018, minister of state for external affairs V Muraleedharan, in a written reply in Lok Sabha said, "The ministry has no means to verify the travels, if any, of Mr nirav modi and the passport used for such travels by him".

Dattani Chartered Accountants, situated in College Road, Harrow, were the most recent auditors for nirav modi Limited, a subsidiary of the company of the same name registered in Hong Kong which runs the fugitive billionaire's jewellery and watch retail showrooms. It is not registered in India.

The Enforcement Directorate has attached properties and bank balances worth Rs. 29.75 crore related to the Punjab National Bank fraud case involving nirav modi. This follows previous attachments totaling Rs 2,596 crore. Accused of defrauding PNB of Rs 6,500 crore, Modi fled India in 2018 and remains jailed in the UK.

Fugitive diamond merchant nirav modi, fighting extradition to India, was on Thursday further remanded in custody until August 27 after he appeared via videolink at a regular remand hearing before a UK court on charges over the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case.

Observing that speedy trial is the right of accused and they cannot keep languishing in jail without trial, a special court on Thursday allowed the CBI’s plea seeking to separate the trial against fugitive businessman nirav modi and his brother Neeshal Modi in the Punjab National Bank (PNB) scam case and proceed against the remaining accused. The judge said that though the extradition proceedings against nirav modi are going on in UK, nobody knows how much time it will take and its result.

The appellate tribunal against money laundering on Friday directed nirav modi and others not to dispose or create third party interest in their 21 immovable properties. The tribunal said it was of the view that nirav modi was not "trustworthy as he ran away from India after cheating the banks and citizens of this country.

"We are not aware that he has asked political asylum in the UK. The UK has not informed us that he has sought political asylum in that country," said a source. nirav modi is wanted by the CBI in the $2 billion Punjab National Bank (PNB) scam.

Minister of state for external affairs VK Singh told Rajya Sabha that National Central Bureau of Manchester conveyed to Indian agencies that their investigations have led to the location of nirav modi in the UK. In June, the MEA had written to several European countries seeking help in tracing nirav modi. He is wanted in connection with the PNB fraud case.

Fugitive diamond merchant nirav modi was on Thursday further remanded to judicial custody until August 22 by Westminster Magistrates' court. Nirav is wanted in India in connection with the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case. He has been lodged at Wandsworth prison in south-west London since his arrest in March.

In a major blow to nirav modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.

nirav modi's extradition to India will worsen his suicidal tendencies and adversely impact mental health, his lawyers argued at a London court hearing on Wednesday. They also cited the poor condition of Arthur Jail in Mumbai where Nirav is supposed to be kept after his extradition to India.

A British court will hear on December 14 an appeal filed by fugitive diamond merchant nirav modi against his extradition from the UK to India to face charges of fraud and money laundering in the estimated $2-billion Punjab National Bank (PNB) scam case.

Fugitive diamond merchant nirav modi, fighting extradition to India on charges over the nearly $2 billion PNB fraud and money laundering case, is set to be produced before a UK court for his trial on Monday, to take place in a part-remote setting due to the coronavirus lockdown. The 5-day hearing starting relates to the Indian government's extradition request certified by the UK government last year.

In a big score for Punjab National Bank, Debt Recovery Tribunal Mumbai on Saturday pronounced its final order and directed nirav modi and his companies to pay the lender and a consortium of banks over Rs 7,200 crore with interest. The consortium of banks had filed a separate application for recover of over Rs 200 crore later.

The United Kingdom had responded to a Red Corner Notice issued by the agency against nirav modi last year, they added. The RCN was issued in June 2018 on a request from the agency to the Interpol.

A special court allowed ED to confiscate 39 properties of fugitive diamantaire nirav modi worth around Rs 500 crore. They will be confiscated to the Centre, reports Rebecca Samervel.

nirav modi’s barrister Clare Montgomery QC claimed the media in India was “subjugated to the government” and has no independence, that the CBI and ED are directly controlled and there is political influence over judges and courts as she launched another attack on Indian institutions to try and prevent the fugitive jeweller’s extradition.

nirav modi, fighting extradition to India, is unlikely to get a fair trial there due to the politicisation of his case and he faces a "high risk of suicide" due to lack of medical facilities in Indian prisons, his legal team told a UK court. The 49-year-old diamond merchant is fighting extradition charges related to PNB fraud and money laundering case.

Fugitive diamond merchant nirav modi was on Friday further remanded in custody during a routine call-over hearing held via video link at Westminster Magistrates' court in London.

The United Kingdom's home secretary has recently referred India's request for extraditing bank-fraud accused nirav modi to a court for initiating legal proceedings against the diamantaire. A British daily reported that Modi is living in a swanky 8-million pound apartment in London's West End and is now involved in a new diamond business.