Nirav Modi has lost his appeal against extradition to India
New Delhi:
Nirav Modi, the diamond businessman from Gujarat who fled India after allegedly cheating a government bank of over Rs 11,000 crore, is a step closer to being extradited to India from the UK.
Mr Modi, 51, had appealed against being sent back to India to face trial in the massive fraud case linked to Punjab National Bank, or PNB.
He lost the appeal in the London High Court today. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who heard the appeal earlier this year, delivered the verdict that allowed the fugitive businessman’s extradition to India.
“…We are far from satisfied that Mr Modi’s mental condition and the risk of suicide are such that it would be either unjust or oppressive to extradite him,” the court said, according to news agency PTI.