PNB Fraud: UK court denies bail to Nirav Modi for third time

The Economic Times
Published on: May 9, 2019
303 views

Fugitive diamond merchant Nirav Modi was denied bail by a UK court on Wednesday for the third time in his extradition case to India to face charges in the Punjab National Bank fraud & money laundering case amounting to up to USD 2 billion and will continue to be lodged in a London jail described by his lawyers as "unliveable".

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