Nirav Modi loses appeal as UK High Court orders extradition to India to face fraud and money laundering charges
PTI, Nov 9, 2022, 4:32 PM IST
London: The High Court in London on Wednesday ordered diamond merchant Nirav Modi’s extradition to India to face charges of fraud and money laundering, amounting to an estimated USD 2 billion in the Punjab National Bank (PNB) loan scam case.
Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing earlier this year, delivered the verdict.
The 51-year-old businessman, who remains behind bars at Wandsworth prison in south-east London, had been granted permission to appeal against District Judge Sam Goozee’s Westminster Magistrates’ Court ruling in favour of extradition last February.
The leave to appeal in the High Court was granted on two grounds – under Article 3 of the European Convention of Human Rights (ECHR) to hear arguments if it would “unjust or oppressive” to extradite Modi due to his mental state and Section 91 of the Extradition Act 2003, also related to mental ill health.
Modi is the subject of two sets of criminal proceedings, with the Central Bureau of Investigation (CBI) case relating to a large-scale fraud upon PNB through the fraudulent obtaining of letters of undertaking (LoUs) or loan agreements, and the Enforcement Directorate (ED) case relating to the laundering of the proceeds of that fraud.
He also faces two additional charges of “causing the disappearance of evidence” and intimidating witnesses or “criminal intimidation to cause death”, which were added to the CBI case.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
India & Kuwait elevate ties to strategic level; ink defence pact after PM Modi meets top Kuwaiti leaders
In Kuwait, PM Modi meets yoga practitioner, other influencers from Gulf country
PM Modi receives Kuwait’s highest honour
PM Modi in Kuwait meets translator, publisher of Mahabharata, Ramayana in Arabic
Indian manpower, skills will help build ‘New Kuwait’: PM Modi
MUST WATCH
Latest Additions
Mayawati slams BJP, Cong over Ambedkar row
Delhi polls: BJP issues ‘chargesheet’ against Kejriwal; vows to remove AAP from power
The ability to take 20 wickets is not that good in Indian team: Cheteshwar Pujara
PVR INOX rejigs media biz, appoints Chief Sales Officer Shalu Sabharwal as head
CPI(M) rallies behind party member on his remarks against Rahul, Priyanka
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.