Nirav Modi To Be Extradited To India? Loses Appeal In UK High Court
The High Court in London ordered diamond merchant Nirav Modi's extradition to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case.
Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing earlier this year, delivered the verdict on Wednesday (9 November).
The 51-year-old businessman, who remains behind bars at Wandsworth prison in south-east London, had been granted permission to appeal against District Judge Sam Goozee's Westminster Magistrates' Court ruling in favour of extradition last February.
The leave to appeal in the High Court was granted on two grounds:
under Article 3 of the European Convention of Human Rights (ECHR) to hear arguments if it would be “unjust or oppressive” to extradite Modi due to his mental state, and
under Section 91 of the Extradition Act 2003, also related to mental ill health.
Modi is the subject of two sets of criminal proceedings:
with the Central Bureau of Investigation (CBI) case relating to a large-scale fraud upon PNB through the fraudulent obtaining of letters of undertaking (LoUs) or loan agreements, and
with the Enforcement Directorate (ED) case relating to the laundering of the proceeds of that fraud.
He also faces two additional charges of 'causing the disappearance of evidence' and intimidating witnesses or “criminal intimidation to cause death”, which were added to the CBI case.
(With inputs from PTI)
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.