United Kingdom’s Home Minister has approved the extradition of Nirav Modi.
United Kingdom’s (UK) Home Minister has approved the extradition of fugitive diamond service provider Nirav Modi to India, a CBI official knowledgeable on Friday. Nirav Modi is accused in Rs 13,500 crore Punjab National Bank (PNB) fraud rip-off.
Nirav Modi, who’s at present lodged in a UK jail, is being probed by the Enforcement Directorate (ED) within the Punjab National Bank (PNB) cash laundering case since 2018.
“The UK Home Minister has approved the extradition request of Nirav Modi,” a CBI supply mentioned.
Asked how lengthy will it take for the CBI will convey again the fugitive businessman, who has been lodged in a jail in London since his arrest in March 2019, the supply mentioned that if Nirav Modi recordsdata an enchantment, then it might take a while.
On February 25 this 12 months, a UK court docket allowed the extradition of Nirav Modi within the Rs 13,500 crore PNB rip-off case.
The District Judge on the Westminster Magistrates’ Court, Samuel Goozee, accepted the prima facie proof towards Nirav Modi for cash laundering, saying, “Many of these are a matter for trial in India. I am satisfied again that there is evidence that he could be convicted,” in accordance to stories.
The CBI had then dubbed the UK court docket judgement as a “significant” achievement in its efforts to curb corruption.
The CBI in a press release had mentioned that the UK court docket ruling is “a reminder that fugitives, who have eluded the process of law after commission of large value frauds, cannot consider themselves above the process merely because they have changed jurisdictions”.
Nirav Modi was arrested on an extradition warrant on March 19, 2019 on fees of cash laundering, conspiring to destroy proof and intimidating witnesses.
Nirav Modi is dealing with probe by the CBI for a large-scale fraud upon PNB by fraudulently acquiring LoUs or mortgage agreements. He can also be being probed by the Enforcement Directorate (ED) in a case relating to the laundering of the proceeds of that fraud.
Meanwhile, he additionally faces two further fees of “causing disappearance of evidence” and “intimidating witnesses” or “criminal intimidation to cause death”, which had been added on to the CBI case.
The ED has connected a number of belongings of Nirav Modi working into crores of rupees in reference to the case.
Nirav Modi’s uncle, Mehul Choksi of Geetanjali group, who’s believed believed to be in Antigua, can also be being probed in reference to the case.
(With IANS inputs)
