Stay updated with breaking news from Nirav Modi Case. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
London: In a major blow to Nirav Modi, the UK High Court in London on Wednesday rejected the appeal of a fugitive diamond merchant against his extradition to India in connection with the Punjab National Bank (PNB) fraud case.
Nirav Modi lost his appeal against extradition on mental health grounds.
On Monday, the court heard from two psychiatric experts who had assessed Nirav Modi while in Wandsworth prison in south-west London and confirmed that he suffers from “recurrent depressive disorder” and has suicidal thoughts, believing that he will die in prison – either by self-harm or be killed.
India Today has learnt that this is the biggest bank fraud of country, with the amount involved being almost triple of that of the Nirav Modi case.
India Business News: CBI nabbed Subhash Shankar, close associate of fugitive diamond merchant Nirav Modi, at Cario in Egypt and brought him to Mumbai. The CBI arrested him