Britain’s Westminster Magistrates’ Court on Monday rejected the bail application for runaway diamond trader Nirav Modi for the seventh time. He was arrested in Britain last year on extradition warrants from India. He is said to have asked the court for his release on bail with new evidence. However, he did not impress Judge Samuel Goozy. At the same time, the CBI, a party in this case of India, called it a victory.
CBI patted her back
A senior CBI official said in this regard that the court’s repeated rejection of the bail application was the result of the excellent coordination between the UK Foreign Office and the Crown Prosecution Service CBI. In March of this year, as he heard the final bail in Nirav Modi’s High Court, Judge Ian Dowe said the central concern of my risk of absconding was not addressed by the measures presented.
Punjab National Bank is the mastermind of the scam
It should be mentioned that Modi committed an almost two billion dollar fraud with the Punjab National Bank (PNB). Various investigative agencies in India have registered charges against him. Modi’s assistant Mehul Choksi is also wanted in India in this case. India requests the extradition of the wanted accused through the British Crown Prosecution Service (CPS).
Was arrested in London in March 2019
Nirav Modi is currently being held at Wandsworth Prison in south London after being arrested in March last year. He is linked to Westminster Magistrate Court proceedings via a video link to the prison. Also in the UK, due to the Corona virus infection, legal proceedings are proceeding through Videolink itself.