Page 92 - Nirav Modi News Today

Describing the judgement of the UK High Court in connection with the fugitive diamond businessman Nirav Modis appeal against extradition to India, as a significant achievement in CBIs efforts to curb corruption, the central probe agency on Wednesday that it is a reminder that the fugitives, who have eluded the process of law cannot consider themselves above the process.

Fugitive diamond merchant Nirav Modi, who allegedly cheated Punjab National Bank (PNB) of over Rs 11,000 crore, is likely to be extradited soon to India from the UK as he lost his appeal in the High Court on Wednesday.

Nirav Modi Extradition Case: The High Court of London (United Kingdom) on Wednesday dismissed the appeal of Nirav Modi, who is wanted in India to face money laundering and fraud cases.

With fugitive diamond merchant Nirav Modi losing his appeal in the UK High Court against his extradition to India, the CBI today said that testimonies by two psychiatrists during the final hearing was crucial in debunking his poor psychological state argument.

Although India can proceed against him, the diamond merchant is entitled to file appeals in the UK and European courts, making a possible extradition process lengthy and cumbersome.

Get latest articles and stories on India at LatestLY. The High Court of London (United Kingdom) on Wednesday dismissed the appeal of Nirav Modi, who is wanted in India to face money laundering and fraud cases. India News | Judgement a Reminder That Fugitives Cant Consider Themselves Above the Process, Says CBI After UK Court Clears Nirav Modis Extradition.

Nirav Modi denies any wrongdoing and his lawyer declines to comment.

He has also been charged with the disappearance of pieces of evidence and criminal intimidation to cause death to the witnesses, , PNB Scam, Nirav Modis extradition

"We welcome the UK high court's decision to dismiss the appeal against extradition of Nirav Modi," Ministry of External Affairs spokesperson Arindam Bagchi said

On Monday, a UK court also approved India's request for the extradition of arms dealer Sanjay Bhandari to face trial for money laundering in India.