London: Fugitive businessman Nirav Modi, who defrauded Indian banks of thousands of crores of rupees, has received a big blow from the British court. The court has rejected the bail plea of Nirav Modi. Let us tell you that the accused has been lodged in London jail for the last five years and on Tuesday he had applied for bail, which was rejected by the British judge. The judge said that if granted bail, there was a ‘significant risk’ of him absconding from justice. Diamond trader Nirav, 52, is facing fraud and money laundering charges in India and had lost his case against extradition to India. Was.
He did not appear during the hearing on his bail application at Westminster Magistrates’ Court in London, but his son and two daughters were present. District Judge John Jani accepted his legal team’s argument that the previous bail application was filed nearly three-and-a-half years ago and there has been a change in circumstances after so long to allow the trial to proceed. “However, I am satisfied that there are sufficient grounds against bail,” Judge Jani said in his judgment after a brief hearing. There is a real and substantial risk that the applicant (Nirav Modi) will fail to attend court or interfere with witnesses. ”He said, ”This case, at any stage, involves an allegation of a huge fraud. As such, bail cannot be granted and the application is rejected.
CBI and ED teams were present during the hearing
CPS barrister Nicholas Hearn told the court: “He has demonstrated his utter determination not to face charges in an Indian court and it would be no exaggeration to say that the fraud in question is in excess of US$1 billion, of which only 40 crore US dollars have been seized. Therefore, he may still have access to critical resources in different jurisdictions.” A joint team of the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) arrived from India for the hearing and were present during the court proceedings. . He was arrested on March 19, 2019, on an extradition warrant and the then UK Home Minister Priti Patel ordered his extradition in April 2021. (Language)
Read also
Which is the sweetest water river in the world?
Here Putin’s swearing-in was taking place and on the other side Ukrainian President Zelensky was about to be assassinated, but at the last moment know how his life was saved.
Latest World News