District Judge John Jani accepted the argument of Nirav Modi’s legal team that the previous bail application was filed about three and a half years ago. So long…
Fugitive businessman Nirav Modi, who has been in London jail for five years, filed a new bail petition on Tuesday. But a British judge rejected it. This is the fifth time that the court has rejected the bail plea of Nirav Modi. The judge said he still posed a ‘substantial risk’ of escaping justice. Nirav Modi, who has lost his case against extradition to India, is facing charges of fraud and money laundering in India.
Nirav Modi did not appear in court
The 52-year-old diamond merchant did not appear during the bail hearing in London. His son and two daughters were present in the gallery. District Judge John Jani accepted the argument of Nirav Modi’s legal team that the previous bail application was filed about three and a half years ago. After such a long time there has been a change in circumstances to allow the hearing to proceed.
Court rejected the petition
After a brief hearing, the judge said, ‘Although I am satisfied that there are sufficient grounds against bail, there is a major danger that Nirav Modi will fail to appear in court or interfere with witnesses.’ He said, ‘This case involves a huge allegation of fraud. In such a situation, bail cannot be granted. Therefore the application is rejected. A joint team of CBI and ED had arrived from India for the hearing.
Three criminal cases pending against Nirav Modi
Nirav Modi’s bad days started in the year 2019. When Punjab National Bank accused him and his uncle Mehul Choksi of fraud of Rs 13,500 crore with the help of bank employees. Since then, the investigation of both was started by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) and on March 19, 2019, he was arrested from Holborn.
There are 3 criminal cases pending against the diamond merchant in the country. Of these, the first is related to fraud in PNB, the second is related to alleged money laundering of the income earned by defrauding PNB and the third is related to tampering of evidence and witnesses related to the CBI action.
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