Congress trying to save Nirav Modi: BJP

Union Minister Prasad flags defence of accused businessman by party member The BJP on Thursday accused the Congress of “trying its best to save” businessman Nirav Modi, currently facing extradition proceedings at a court in the United Kingdom (UK) after Congress member and retired judge Abhay Thipsay deposed (by video link) as a defence witness. […]


Belgian auditor traces fake transactions and imports by Nirav firms

The auditor noted that “the anomaly indicates potentially fictitious import transactions where the actual movement of goods have not taken place”. Fictitious imports, fake transactions, duplicate invoices, fake employee records. These are some of the findings of Belgian auditor BDO which was commissioned by the Punjab National Bank in February 2018 to conduct a forensic […]


Nirav Modi’s remand in jail extended to July 25

The Westminster Magistrates Court on Thursday extended the remand of fugitive diamantaire Nirav Modi in the Wandsworth jail until July 25, two weeks after the high court rejected his appeal on the ground of flight risk, among others. Modi, 48, appeared via video-link from the jail during the brief court hearing. He was last remanded […]


UK court denies bail to Nirav Modi for fourth time

Rejecting his bail application, judge Ingrid Simler at the Royal Courts of Justice said there are substantial grounds to believe that Modi will fail to surrender. Fugitive diamond merchant Nirav Modi was denied bail by a UK court on Wednesday for the fourth time in his extradition case to India to face charges in the […]


UK court remands Nirav Modi till June 27

A UK court on Thursday extended till June 27 the remand of fugitive diamond merchant Nirav Modi, who is fighting his extradition to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case. The 48-year-old has been lodged at Wandsworth prison in south-west London since his third attempt at […]


Nirav Modi to make another bail plea in UK court on May 8

His legal team, led by solicitor Anand Doobay, have previously offered one million pounds as security alongside an offer to meet stringent electronic tag restrictions on their client’s movements, “akin to house arrest”. Illustration: Dominic Xavier/ Fugitive diamond merchant Nirav Modi would make another bail plea on May 8 at the UK court where he […]