London court issues arrest warrant against Nirav Modi: Reports

Nirav Modi

A court in London has issued an arrest warrant for Nirav Modi based on India's request to extradite the fugitive diamond merchant, reported news agency PTI quoting unnamed officials.

Modi will be produced before a court on March 25, said news channel CNBC-TV18. He is one of the main suspects charged in the Rs 14,300 crore loan fraud at state-run Punjab National Bank (PNB), India’s biggest banking fraud.

The Westminster Magistrate Court issued the warrant few days ago and the Enforcement Directorate (ED), which had made the