Nirav Modi Is In UK, CBI Files for Extradition
Fugitive billionaire Nirav Modi is in the UK, officials there have confirmed to India. The CBI has moved a request to London to extradite the celebrity jeweler, who is wanted for loan fraud.
Nirav Modi, along with his uncle Mehul Choksi, are accused in the Rs. 13,500 crore Punjab National Bank (PNB) fraud.
Earlier this month, the government had told parliament that an extradition request for Nirav Modi had been sent to the Indian mission in UK.
The request has been sent by a Special Diplomatic Bag to the High Commission of India in London, VK Singh, Minister of State for External Affairs, had said in parliament.
Nirav Modi is the 29th fugitive India has asked the UK to extradite since 2002. The UK government has rejected India's request nine times in the last 16 years.
A case for the extradition of liquor baron Vijay Mallya is still being heard by a court in Britain.