Home Crime Fugitive Nirav Modi's bail rejected for the third time, next hearing set on May 30

Fugitive Nirav Modi’s bail rejected for the third time, next hearing set on May 30

Meanwhile, the hearing on Friday is expected to be procedural unless some new factors are placed before the court to consider. Modi can make a third bail application at Westminster Magistrates’ Court but only if the grounds for the bail plea are substantially different. 

A court in the UK has rejected the bail application of fugitive Indian diamond tycoon Nirav Modi for the third time. As per the latest reports, the judge, in. a brief hearing remanded Nirav Modi in custody till May 24.

The judge has scheduled a next full-hearing for Nirav Modi on May 30.

Fugitive businessman Nirav Modi, who is undergoing extradition procedure after UK government had found his case fit for extradition, had appeared before the London court for a remand hearing on Friday.

- Advertisement - - Article resumes -

The fraudster, who has been behind bars at Wandsworth prison in south-west London since his arrest last month, is set to be produced before a judge at Westminster Magistrates’ Court via video link from the jail.

The hearing this week takes place as per the four-week time frame for judicial remand in such cases.

The hearing was scheduled after Nirav Modi failed his second attempt to seek bail after his arrest on March 20, 17 months after he fled India, by Scotland Yard officers from a central London bank branch, while he had been trying to open a new bank account and since then has been in custody at the HMP Wandsworth prison in south-west London. The first bail plea was rejected by District Judge Marie Mallon soon after his arrest.

Amusingly his desperation had forced his defence team to use his pet dog in their pursuit to get Nirav Modi out of jail but failed in their attempt.

The fugitive diamantaire’s “lack of community ties” in the UK and his attempt to acquire Vanuatu’s citizenship in late 2017 went against him as the judge said it seemed like he was trying to “move away from India at an important time”.

Meanwhile, Toby Cadman, representing crown prosecution on behalf of Indian authorities, had argued that there was a “substantial risk” that the prime accused in the PNB fraud case would flee and attempt to interfere with witnesses and evidence.

After hearing the arguments of both the defence and prosecution teams, Judge Arbuthnot accepted the Indian government’s arguments, noting the “very unusual” evidence she had seen at this early stage in the case of interference with witnesses and destroying evidence in the form of mobile phones and a server and rejected the bail application.

Meanwhile, the hearing on Friday is expected to be procedural unless some new factors are placed before the court to consider. Modi can make a third bail application at Westminster Magistrates’ Court but only if the grounds for the bail plea are substantially different.

Nirav Modi, his wife Ami Modi, brother Nishal Modi, and uncle Mehul Choksi are accused defrauding Punjab National Bank to the tune of Rs 14,356 crore by obtaining Letter of Undertaking without furnishing any guarantee.

Share This Post With Your Friends & Fans:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Don't Miss This: ECI Busts "EVM Tampering" Charges

Election Commission responds to EVM tampering charges

Most read articles recently

Here is what may have triggered Rajdeep Sardesai’s own colleague slamming him for being a pliant journalist

Anjana Om Kashyap, one of the Editors of Aaj Tak who conducted that interview interestingly took to Twitter today to castigate what appears to be her colleague, Rajdeep Sardesai.

Read this before you believe the ABP-Nielsen Exit Poll that gave NDA only 277 while others gave a thumping majority

While all other polls were giving a thumping majority to BJP and NDA, Nielsen chose to "customise" their survey and simply delete voter responses were overwhelmingly in favour of BJP.
Ravish Kumar has a mental breakdown as BJP set to form a government at centre, according to exit polls

NDTV journalist Ravish Kumar has a prolonged meltdown on his show after the Exit Polls predicted a landslide BJP victory

Most of the Exit Polls suggested that BJP may be well placed to form another government at the centre

After Anjana Om Kashyap, now Shweta Singh calls out Rajdeep Sardesai’s bias among others

Sweta Singh has called out the blatant bias in the Left media and even Rajdeep Sardesai among others.

Congress must die: Expelled AAP leader and Swaraj India President Yogendra Yadav

Yogendra Yadav said Congress is single biggest obstacle for creating an alternative

IIT graduate and an IAS officer explains in detail why EVMs can’t be ‘hacked’ or ‘tampered’ with

Bhavesh Mishra, IAS 2015 batch, B.Tech IIT Delhi, on Quora gave a detailed explanation regarding why EVMs cannot be 'hacked' or 'tampered' with.
Congress has a number of excuses lined for their predicted loss, all of them contradict each other

Congress’ new excuse for predicted loss: North Indian voters are not as educated as South Indians

Congress spokesperson Shama Mohammad stated that the reason of Congress' bad performance in North Indian states is that the people in North Indian states are 'pliable' and they are not educated like the people in the south.

Meet Ashok Lavasa: A man surrounded by many controversies, going back to the CWG scam

Election commissioner Ashok Lavasa had kicked up a storm earlier after he alleged that he did not agree with the ECI decisions to clear PM Modi and Amit Shah of charges of violating the MCC
Subscribe to Day's Top Stories

Latest articles

Connect with us

163,817FansLike
139,777FollowersFollow
63,772SubscribersSubscribe

Don't miss these

Share This Post With Your Friends & Fans: