Nirav Modi scam

The auction conducted by Saffronart was a complete success, raising Rs 53.45 crore for the enforcement directorate (ED). It is the first time a professional auction house had been appointed by the ED to conduct an auction of seized assets in the country.

Nirav Modi's luxury assets to be auctioned by ED through Mumbai-based auction house Saffronart

Nirav Modi's lawyer Keith claimed that the accused has been beaten up twice in Wandsworth prison in April and most recently on Tuesday. 

Nirav Modi and Vijaya Mallya are amongst the several high-value Indian extradition requests

The Singapore High Court ordered the freezing of balance of $ 6.122 million (Rs.44 crores) crore in the bank account maintained in Singapore by Pavilion Point Corporation, British Virgin Island, a company beneficially owned by Mayank Mehta and Purvi Modi brother-in-law and sister of Nirav Modi.

So far Nirav Modi has tried to get bail four times, but have been unsuccessful in each of them

The next hearing in his extradition proceedings has been scheduled for May 30

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

Rahul Gandhi had attacked Prime Minister Modi by linking his surname with those of fugitive businessmen charged with corruption, Nirav Modi and Lalit Modi.

This was Nirav Modi's second attempt to seek bail after his arrest on March 20, 17 months after he fled India.