Nirav Modi's bail petition rejected in London

New Delhi, May 17

Fresh bail petition filed by Nirav Deepak Modi was rejected by the High Court of Justice, King’s Bench Division, London. 

The bail arguments were strongly opposed by the Crown Prosecution Service advocate who was ably assisted by a  strong CBI team consisting of investigating and law officers who travelled to London for this purpose.

CBI could successfully defend the arguments which resulted in rejection of the bail. Neerav Deepak Modi is in UK prison since 19th March 2019.

CBI stated that Nirav Modi is a fugitive economic offender who is wanted for Trial in India in a Bank fraud case of CBI for defrauding Punjab National Bank for Rs. 6498.20 crore. His extradition has already been approved by the High Court of UK in favour of Government of India. 

This is his 10th bail petition since his detention in UK which was successfully defended by CBI through Crown Prosecution Service, London, added CBI