Monday, 26 February, 2024

---Advertisement---

Fugitive diamantaire Nirav Modi loses bid to take extradition fight to UK supreme court

London: The UK Supreme Court on Thursday denied fugitive diamantaire Nirav Modi’s plea against his extradition to India. Modi lost the bid to take his fight against extradition to India on charges of fraud and money laundering to the UK’s Supreme Court. “The appellant’s application for permission to appeal to the Supreme Court is refused,” […]

Edited By : Mayank Meliwar | Updated: Dec 15, 2022 17:17 IST
Share :

London: The UK Supreme Court on Thursday denied fugitive diamantaire Nirav Modi’s plea against his extradition to India.

Modi lost the bid to take his fight against extradition to India on charges of fraud and money laundering to the UK’s Supreme Court.

“The appellant’s application for permission to appeal to the Supreme Court is refused,” Lord justice Stuart Smith said in his statement, as reported by news agency ANI.

In November, Nirav Modi filed an application before the UK High Court for permission to appeal against his extradition to India in the UK Supreme Court. He lost the appeal on Thursday to take his fight against extradition to the UK Supreme Court, the report added.

Nirav Modi reportedly filed an application in the High Court in London, seeking permission to appeal against his extradition order, two weeks after a UK court dismissed his plea against extradition back to India.

On November 9, the High Court in London rejected Modi’s plea and ordered his extradition to India.

He faces charges of fraud and money laundering, amounting to an estimated USD 2 billion in the Punjab National Bank (PNB) loan scam case.

The 51-year-old is booked in a case relating to a large-scale fraud upon PNB through the fraudulent obtaining of letters of undertaking (LoUs) or loan agreements. Another case against Modi is related to the laundering of the proceeds of that fraud.

First published on: Dec 15, 2022 05:17 PM IST

Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story