TIL Desk/Business/London/ Fugitive diamond trader Nirav Modi, who is fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, on Thursday was remanded to prison until November 11 after he appeared via videolink from his London jail for a regular remand hearing.
Westminster Magistrates’ Court Judge Nina Tempia confirmed that Modi’s extradition trial is scheduled between May 11 and 15 next year and that he must re-appear via videolink every 28 days for “call-over hearings’ until the case management for the trial kicks in from February next year.
The court was told that the 48-year-old, who spoke only to confirm his name and date of birth, faces fraud and money laundering charges in India. Modi has been lodged at Wandsworth prison in south-west London, one of England’s most overcrowded jails, since his arrest in March on an extradition warrant executed by Scotland Yard on charges brought by the Indian government, being represented by the UK’s Crown Prosecution Service (CPS) in court.
