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Nirav Modi fails to convince UK judge that he's not a flight risk

The diamond merchant has been behind bars at one of England's most overcrowded prisons - Her Majesty's Prison (HMP) Wandsworth

Nirav Modi
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Nirav Modi

Press Trust of India London
A UK judge, who denied bail to Nirav Modi for a third time, remained unconvinced that his community ties to Britain were strong enough to not make him a flight risk even though the fugitive diamond merchant was willing to double his security to 2 million pounds and live on a strict 24-hour curfew at his posh apartment in London.

The 48-year-old, wanted in India as the main accused in the Punjab National Bank (PNB) fraud and money laundering case amounting to up to $2 billion, is back in prison after his bail was denied on Wednesday by Westminster Magistrates'