New Delhi: The United Kingdom’s Home Department has cleared the extradition of fugitive diamantaire Nirav Modi, who is needed in an over Rs 13,000-crore financial institution fraud case, officers stated on Friday.
He had allegedly perpetrated the fraud within the Punjab National Bank in collusion along with his uncle Mehul Choksi.
On February 25, a Westminster Magistrates’ Court allowed Modi’s extradition.
The findings of the court docket have been despatched to the UK Home Department as per which it cleared the extradition.
Modi is accused of committing a fraud of USD 2 billion (round Rs 14,500 crore) within the PNB.
