Business

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

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

TIL Desk/Business/London/ Fugitive diamond merchant Nirav Modi would make another bail plea on May 8 at the UK court where he is undergoing extradition proceedings to India in the Punjab National Bank (PNB) fraud and money laundering charges amounting to up to USD 2 billion.

The 48-year-old, who has been behind bars at Wandsworth prison in south-west London since his two previous bail applications were rejected following his arrest on March 19, is to appear before Chief Magistrate Emma Arbuthnot at Westminster Magistrates’ Court here on May 8 for a third attempt.

“The next hearing will be on 8 May. The application for bail will be heard before Judge Emma Arbuthnot at Westminster Magistrates’ Court,” said a spokesperson for the Crown Prosecution Service (CPS), which is representing the Indian authorities in the extradition case.

Leave a Reply

Your email address will not be published. Required fields are marked *