CBI expected to leave for London for Nirav Modi extradition
today Mar 27, 2019
The Central Bureau of Investigation is expected to leave for London soon to assist in the extradition case of accused jewellery tycoon Nirav Modi as his bail hearing approaches on Friday.
The Press Trust of India reported that a CBI joint director-level officer was instructed to leave India for London on March 27 with the necessary documents pertaining to Nirav Modi’s fraud case at the Punjab National Bank. This would place the officer in London in time for Modi’s second bail hearing which will take place in the capital on March 29.
Modi first appeared in court in the UK last week following his arrest, which was carried out based on India’s request to extradite Modi. His first application for bail was denied as he was deemed a flight risk by the judge. However, Modi’s lawyer will request his bail again on Friday, citing the red corner notice against him by the CBI as a reason why he cannot escape.
Modi is accused along with his uncle and fellow jeweller Mehul Choksi of defrauding the PNB out of around Rs 14,000 crore ($2 billion). Numerous properties pertaining to Modi, Choksi, and their respective businesses have been attached to the case.
Choksi has not yet been arrested and is attempting to revoke the arrest warrant issued against him whilst residing in Antigua where he has taken citizenship.
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