Fugitive diamond service provider Nirav Modi has filed an utility within the London Excessive Court docket looking for permission to enchantment within the UK Supreme Court docket towards the order of his extradition to India. The London Excessive Court docket just lately ordered the extradition of Nirav Modi to India to face expenses of fraud and cash laundering in reference to the almost $2 billion Punjab Nationwide Financial institution (PNB) mortgage rip-off. Nirav (51) is at present lodged in London’s Wandsworth Jail. He has two weeks to file an enchantment on some extent of regulation involving the curiosity of most of the people.
In accordance with sources related to the UK Dwelling Ministry, there are nonetheless many authorized hurdles in the best way of Nirav being extradited to India. The Crown Prosecution Service (CPS), appearing on behalf of the Indian authorities, has till December 5 to answer Nirav’s new utility, after which the Excessive Court docket decide will decide. The whole course of is predicted to take a number of weeks and isn’t prone to consequence till later this 12 months. Choose Jeremy Stuart-Smith and Justice Robert Jay had on November 9 pronounced the choice to extradite Nirav to India. The courtroom, based mostly on the assertion of psychiatric specialists, had mentioned that it didn’t really feel that Nirav’s psychological situation was unstable and the danger of his suicide was so excessive that extraditing him to India would show to be an unjust and oppressive step.
The judgment additionally mentioned that “ample safety measures” have been taken in Barrack 12 of Arthur Highway Jail in Mumbai the place the diamond service provider is to be saved after extradition. The Central Bureau of Investigation (CBI) had mentioned after the decision that the testimony of two psychiatrists through the last listening to of the Nirav Modi case within the London Excessive Court docket proved to be essential in rejecting the argument of his poor psychological state and that led to the decision in India’s favor. I got here Nirav was given permission to enchantment towards the order of District Choose Sam Gozzi in favor of his extradition to the Westminster Magistrates’ Court docket in February this 12 months. There are two instances towards the fugitive businessman. One pertains to massive scale forgery with PNB by fraudulently getting into into mortgage settlement and acquiring MoU, which is being probed by CBI.
Alternatively, the second case is expounded to the laundering of black cash obtained from this fraud, which is being investigated by the Enforcement Directorate (ED). Nirav additionally has two extra expenses of destruction of proof and intimidation of witnesses.