Nirav Modi

Priti Patel, a member of the Conservative Party who served as home secretary from 2019 to 2022, had signed off on Nirav Modi's extradition in 2021.

A London court ordered fugitive diamond businessman Nirav Modi to pay $10.7 million to Bank of India for loans he guaranteed. Judge Simon Tinkler ruled the claim valid, despite Modi's arguments against enforceability. He remains in a UK jail, fighting extradition to India over a major fraud case.

The UK High Court rejected Nirav Modi's petition to reopen extradition proceedings, supported by the CBI and Crown Prosecution Service. The court found no exceptional circumstances to warrant reopening the case, which involves significant financial wrongdoing related to the PNB scam.

The Union government has declared 15 individuals, including notorious businessmen Vijay Mallya and Nirav Modi, as Fugitive Economic Offenders, collectively owing ₹58,000 crore to public sector banks.

The move could mean that Nirav Modi's long-pending extradition to India will be delayed, as he continues to face charges of defrauding a bank, according to a report.

A CPS delegation visited Tihar Jail to support India's extradition efforts for fugitives like Nirav Modi. The Indian government assures safe conditions for extradited individuals to address previous British court concerns.

Arrest of jeweller Mehul Choksi in Belgium has reignited focus on the ₹14,000-crore Punjab National Bank scam from 2018, involving fake loans and significant financial losses. Despite recovery efforts, PNB shares remain below pre-fraud levels, though analysts express optimism for future growth.

Nirav Modi's London apartment is set to be sold after a high court ruling. The property is linked to the Punjab National Bank fraud case, as per the Enforcement Directorate (ED).

After multiple twists and turns in a protracted legal case, Modi on Wednesday lost his appeal against extradition to India as the High Court in London ruled that his risk of suicide is not such that it would be either unjust or oppressive to extradite him to face charges of fraud and money laundering.