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Fugitive Indian jeweller Nirav Modi denied bail after his arrest in London

A British judge refused to grant Nirav Modi bail after the Indian billionaire jeweller appeared in a London court on Wednesday.Modi, 48, was arrested in the Holborn area of central London on behalf of Indian authorities who want to extradite him to face charges over a US$2 billion loan fraud at state-run Punjab National Bank (PNB). He was remanded in custody until March 29.PNB, India’s second-largest state-run bank, last year said that two jewellery groups headed by Modi and his uncle Mehul…... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, Fugitive Indian jeweller Nirav Modi denied bail after his arrest in London, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you Fugitive Indian jeweller Nirav Modi denied bail after his arrest in London

 

 

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Published By: SOUTH CHINA MORNING POST - Wednesday, 20 March

 

 

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