Snehal Upadhyay-
UK High Court rejected the application of the wanted diamond merchant Nirav Modi, against his extradition to India.
Modi’s permission for making an appeal against extradition “was rejected on paper”.
Nirav Modi and his uncle, Mehul Choksi were accused of fraud. They transacted about 13,600 crores through fraudulent LoUs (letter of understanding) of Punjab National Bank (PNB) and then left India immediately, even before the PNB scam came out in the public.
In March 2019, Modi was arrested in the UK, and he is currently locked up in Wandsworth prison in London.
The UK Court on February, 25 ordered Modi’s extradition holding that the evidence against him was prima facie and hence it’s sufficient.
The government of UK in April had already approved his extradition to India.
As per the procedure, Modi must go under the scanner of multiple investigating agencies such as the CBI, Enforcement Directorate, Income Tax and Serious Fraud Investigation Office.
The CBI case is pertaining to the alleged PNB scam through the issuance of fraudulent LoUs. The ED case relates to the laundering of the proceeds of the alleged fraud at PNB.
Not only this, but he will also face charges for tampering with the evidence and criminal intimidation of the witnesses as based on the ED prosecution complaint.