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UK court rejects diamond merchant Nirav Modi's bail plea for fifth time

The 49-year-old, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year

Press Trust of India 

Nirav Modi
File photo of Nirav Modi

A UK court on Thursday rejected for the fifth time the bail plea of fugitive diamond merchant Nirav Modi, who is fighting his extradition to India on charges over the nearly $2 billion Punjab Bank (PNB) fraud and money laundering case.

The 49-year-old, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year and is scheduled for an extradition trial in May, made his fifth attempt at getting bail on the basis of a change in circumstances.

However, the High Court in London rejected his bail plea.Modi was arrested on March 19, 2019, on an extradition warrant executed by Scotland Yard on charges brought by the Indian government.

First Published: Thu, March 05 2020. 17:53 IST
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