Nirav Modi’s appeal against his extradition to India is denied by a UK court

The judgement was given by Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing earlier this year.

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The Punjab National Bank (PNB) loan scandal case include charges of fraud and money laundering totaling an estimated USD 2 billion. The High Court in London ordered diamond dealer Nirav Modi’s extradition to India on Wednesday.

The judgement was given by Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing earlier this year.

The 51-year-old businessman was given permission to file an appeal against District Judge Sam Goozee’s Westminster Magistrates’ Court decision in favour of extradition in February while he was still incarcerated at Wandsworth Prison in south-east London.

The High Court was given permission to appeal on two grounds: Section 91 of the Extradition Act of 2003, which also deals with mental illness, and Article 3 of the European Convention of Human Rights (ECHR), which allows for hearings on whether extraditing Modi would be “unjust or oppressive.”

Central Bureau of Investigation (CBI) case concerns a widespread fraud against PNB that involved obtaining letters of undertaking (LoUs) or loan agreements fraudulently, and the Enforcement Directorate (ED) case concerns the laundering of the proceeds of that fraud. Modi is the subject of both sets of criminal proceedings.

He also faces two new accusations that were added to the CBI case: “causing the disappearance of evidence” and “criminal intimidation to cause death” against witnesses.