The way has been paved for the extradition of diamond trader Nirav Modi, who swindled Punjab National Bank to the tune of Rs 14,000 crore, to India. India’s request for his extradition was granted by British Home Secretary Preeti Patel.
In collusion with Punjab National Bank officials, Nirav Modi and Mehul Choksi embezzled Rs 14,000 crore. The CBI and the Directorate of Recovery have registered cases against Nirav Modi in this regard.
Justice in a local court in Britain. The case had been pending before Samuel Guzi for two years.
The case against Nirav will not be heard impartially in Indian courts, a claim rejected by a British court. The court also rejected Nirav’s claim that his medical needs would not be met in India. At first glance, there is evidence against Nirav Modi in this case. Guzi had explained.
According to the UK Extradition Act 2003, the judge had sent a report of his selection to the Home Minister. Home Minister Preeti Patel has finally approved the extradition, according to Indian diplomats in Britain.
Scotland Yard police arrested Nirav on March 13, 2019. He has been in Wandsworth Prison ever since.
The CBI had on January 31, 2018 registered a case against Nirav, Mehul Choksi and the then officials of the bank, among others.
The accused had conspired and conspired to defraud the public sector bank, the bank had alleged. After it came to light that Mehul Choksi had committed similar fraud, it became clear that the bank had committed fraud of Rs 14,000 crore.
Reference: E-paper loksatta