PNB Scam Case: After Nirav Modi Loses Fight, India Says Will Liaise with UK For His Early Extradition

PNB Scam Case: After Nirav Modi Loses Fight, India Says Will Liaise with UK For His Early Extradition
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PNB Scam Case: After Nirav Modi Loses Fight, India Says Will Liaise with UK For His Early Extradition

PNB Rip-off Case: After Nirav Modi Loses Combat, India Says Will Liaise with UK For His Early Extradition

nirav modi

Nirav Modi Extradition: Quickly after fugitive diamond service provider Nirav Modi misplaced his extradition combat within the UK court docket, the Ministry of Exterior Affairs in India stated the Centre will liaise with the UK authorities for his early extradition. The fugitive diamantaire, wished in India on expenses of fraud and cash laundering within the estimated USD 2-billion Punjab Nationwide Financial institution (PNB) rip-off case, misplaced his authorized battle in opposition to extradition on all grounds as District Decide Samuel Goozee concluded that there are not any human rights considerations that his medical wants wouldn’t be addressed as per a number of Indian authorities assurances. Additionally Learn – Mumbai’s Arthur Highway Jail Awaits Nirav Modi, Retains Particular Cell Barrack Quantity 12 Prepared

Addressing a press briefing, MEA spokesperson Anurag Srivastava stated that for the reason that Westminster Justice of the Peace’s Court docket has beneficial to the UK Residence Secretary for Nirav Modi’s extradition, India would liaise with the UK authorities for his early extradition to India. Additionally Learn – Nirav Modi To Be Extradited To India As UK Decide Accepts India’s Jail Security Assurance | Highlights

On the request of the CBI and the ED, Modi’s extradition from the UK was sought in August 2018. He was arrested and produced earlier than the Senior District Decide at Westminster Justice of the Peace’s court docket on March 20, 2019. Since then he’s going through extradition proceedings whereas in judicial custody. Additionally Learn – CBI Summons TMC Chief Abhishek Banerjee’s Spouse in Coal Smuggling Case Weeks Forward of Bengal Polls

What UK decide stated?

“I’m glad that there’s proof upon which NDM [Nirav Deepak Modi] may very well be convicted in relation [to] the conspiracy to defraud the PNB. A prima facie case is established,” the decide famous.

He equally concludes a prima facie case to have been established on all counts of expenses introduced by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) cash laundering, intimidation of witnesses and disappearance of proof.

The decide accepted that whereas Nirav’s psychological well being had deteriorated as a result of prolonged incarceration in a London jail, exacerbated by the COVID-19 pandemic, his threat of suicide doesn’t meet the excessive threshold to fulfill him that his psychological state is such that it will be “unjust or oppressive” to extradite him.

CBI phrases UK court docket ruling ‘important’ 

The CBI on Thursday termed the judgement of a UK court docket within the Nirav Modi’s case as “important” and stated it ought to function a reminder to all fugitives, who’ve indulged in massive worth frauds, that they can not escape the regulation merely by altering their nations of residence.

In an announcement, the CBI stated the court docket order vindicated the painstaking probe carried out by the company particularly since Modi had raised numerous points on admissibility of proof, equity of investigation, trial, jail situations, availability of well being amenities in India and extraneous consideration, with a view to divert consideration from his personal acts.

The CBI had registered the case on January 31, 2018 in opposition to the associate of three personal corporations and others together with then officers of Punjab Nationwide Financial institution on a criticism from Punjab Nationwide Financial institution on the allegations that the accused had hatched a felony conspiracy amongst themselves to defraud the Punjab Nationwide Financial institution to the tune of Rs 6,498 crore (approx) by fraudulently issuing Letters of Enterprise.

The flashy diamond service provider was arrested on an extradition warrant on March 19, 2019, and has appeared by way of videolink from Wandsworth Jail for a collection of court docket hearings within the extradition case. His a number of makes an attempt at in search of bail have been repeatedly turned down, each on the Magistrates’ and Excessive Court docket degree, as he was deemed a flight threat.

(With inputs from companies)

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