June 27, 2018 8:22 AM

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Special court in Mumbai allows ED to start extradition process against Nirav Modi in PNB fraud case

A special court in Mumbai has allowed the Enforcement Directorate's plea seeking extradition of fugitive billionaire jeweller Nirav Modi in a money laundering case related to 13,000 crore rupees PNB fraud. Judge MS Azmi allowed the ED to initiate the extradition process yesterday.<br />''<br />''ED counsel Hiten Venegaokar said the order will be sent to External Affairs Ministry, which will forward it to the UK government. The agency had moved the extradition application on Monday.<br />''<br />''The court had last week issued a non-bailable arrest warrant against Nirav Modi after taking cognisance of the charge sheet.<br />''<br />''Nirav Modi, his uncle Mehul Choksi and others are being probed by various agencies after the bank fraud came to light following a complaint from the Punjab National Bank that they allegedly cheated it to the tune of over 13,000 crore rupees.<br />''<br />''The CBI and the ED have registered two FIRs each in the case.

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