Fugitive jeweller Nirav Modi produced in court in UK

March 20, 2019 16:52

Nirav Modi has been produced in London's Westminster Court.

Fugitive businessman Nirav Modi, the main accused in the PNB scam case, was arrested in London on Wednesday by Scotland Yard, two days after the Westminster Court issued a warrant against him.

"Nirav Deepak Modi, 48 (Date of Birth 24.02.71), was arrested on behalf of the Indian Authorities on Tuesday, 19 March, in Holborn," the Metropolitan Police said in a statement. "He will appear in custody at Westminster Magistrates' Court on Wednesday, 20 March," the statement added.

The case will now follow a similar pattern through the UK courts as that of liquor tycoon Vijay Mallya, who remains on bail since his arrest on an extradition warrant in April 2017 on fraud and money laundering charges.

ED officials had said that a London court has issued an arrest warrant against Modi, the main accused in the Rs 13,000 crore PNB scam case, in response to the probe agency's request for his extradition in a money laundering case.

The CBI and the ED are investigating Modi, his uncle Mehul Choksi and others for alleged money laundering and corruption to perpetrate the alleged scam in the Brady House branch of the PNB in Mumbai that was unearthed last year.

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