Monday, June 1, 2026
ADVT 
International

Nirav Modi Denied Bail By UK Court

Darpan News Desk IANS, 25 Jul, 2019 08:36 PM

    A British court on Thursday extended till August 22 the judicial custody of Nirav Modi in connection with the Rs 13,500 crore Punjab National Bank (PNB) fraud case.


    The Westminster Magistrates Court ordered the Metropolitan Police to place him in its custody till the next hearing on August 22.


    The 48-year-old businessman, wanted in India, was arrested from Holborn here on March 19. Since then he has been fighting extradition proceedings.


    Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate and the Central Bureau of Investigation after the PNB alleged that they cheated it of Rs 13,500 crore with the involvement of some bank employees.


    Modi also faces charges under the Fugitive Economic Offenders Act. The ED has filed a chargesheet against Choksi in a Prevention of Money Laundering Act Court in Mumbai.


    Both fled India before details of the fraud emerged in January 2018.

    MORE International ARTICLES

    US Midterm Elections: Democrats Win House Majority, Republicans Hold Senate

    The Democrats on Wednesday secured a majority in the House of Representatives for the first time in eight years but the Republicans retained control of the Senate in US midterm elections seen as a referendum on the Trump presidency.

    US Midterm Elections: Democrats Win House Majority, Republicans Hold Senate

    United Nations Postal Agency Issues Special Diwali Stamp

    India on Wednesday thanked the UN Postal Administration for issuing special postal stamps to commemorate Diwali, the Indian festival of lights.

    United Nations Postal Agency Issues Special Diwali Stamp

    All 4 Indian-American Members Of Congress Re-Elected

    All the four Indian-American Democrat members of the House of Representatives were re-elected in Tuesday's election and a member of the community won the Attorney General's position in Wisconsin state.

    All 4 Indian-American Members Of Congress Re-Elected

    'Samosa Caucus' Fails To Increase Its Strength In US Midterm Elections

    None of the more than half a dozen new Indian American candidates, many of whom caught national attention by giving a tough fight to their opponents and outraising them in the fund raisers, could make it to the House of Representatives, which is equivalent to Lok Sabha in the Indian parliament.

    'Samosa Caucus' Fails To Increase Its Strength In US Midterm Elections

    China Declines To Reveal Details Of Financial Aid Planned For Pakistan

    China termed Pakistan Prime Minister Imran Khan's talks with top Chinese leaders "very successful".

    China Declines To Reveal Details Of Financial Aid Planned For Pakistan

    FIREWORKS: Trump And CNN's Jim Acosta Spar During A Contentious News Conference- WATCH

    President Trump and CNN's Jim Acosta just had a tense exchange during the President's morning-after midterms press conference.

    FIREWORKS: Trump And CNN's Jim Acosta Spar During A Contentious News Conference- WATCH