May 30, 2019 6:57 AM

printer

Nirav Modi to be produced before court in London today

<span style="color: #222222;">Fugitive jeweller Nirav Modi will be produced before a court in London today as he fights his extradition to India in Punjab National Bank (PNB) fraud and money laundering case. <br />''<br />''He is set to be produced from custody before Judge Emma Arbuthnot for the first case management hearing in the case, during which a broad timeline is expected for his extradition trial. <br />''<br />''Nirav Modi was arrested by Scotland Yard officers on an extradition warrant from a Metro Bank branch in central London as he attempted to open a new bank account in March this year and has been in prison since.<br />''<br />''During subsequent hearings, Westminster Magistrates' Court was told that Nirav Modi was the "principal beneficiary" of the fraudulent issuance of letters of undertaking (LoUs) as part of a conspiracy to defraud PNB and then laundering the proceeds of crime.<br />''<br />''Nirav Modi's legal team, led by solicitor Anand Doobay, have repeatedly asserted that the Indian authorities must present a "perfectly paginated" set of documents in support of the case against their client. <br />''<br />''The 48-year-old has been lodged at Wandsworth prison in south-west London since his third attempt at seeking bail was rejected by Chief Magistrate Emma Arbuthnot at the last hearing at Westminster Magistrates' Court earlier this month</span>

Most Read
View All arrow-right

No posts found.