What is the PNB fraud case against Nirav Modi and will the fugitive finally be forced to return home?


Source: firstpost.com firstpost.com

Key Topics in this News Article:

News Snapshot:

Fugitive diamond billionaire Nirav Modi’s appeal against extradition to India has been turned down by the High Court in London today (9 November). The celebrity diamond merchant, accused in the Rs 13,758-crore Punjab National Bank (PNB) fraud case, will face money laundering charges in India whenever he is brought back. The High Court rejected Modi’s request to block his extradition on the grounds of mental health and said his risk of suicide is not such that it would be “either unjust or oppressive to extradite him”, reports PTI. As per Reuters, a two-judge panel comprising Lord Justice Jeremy Stuart-Smith and...