A UK court on Monday rejected the latest bail plea of fugitive diamond merchant Nirav Modi, who has been lodged in a London prison since his arrest on an extradition warrant in March last year.
Modi, wanted in connection with the ₹13,000 crores Punjab National Bank fraud perpetrated by him and his uncle Mehul Choksi, was arrested in London on March 19 last year on CBI’s extradition request, they said.
“The repeated rejection of bail application is a result of excellent coordination among the CBI, External Affairs Ministry and Crown Prosecution Service of the United Kingdom,” a senior official of the agency said.
His four previous attempts to get bail was rejected by District Judge in Westminster Court of London last year on March 20, March 29, May 8 and November 6.
Mr Modi’s two attempts to get bail from the High Court in London were also rejected on June 12, 2019, and March 5, 2020, they said.
Modi’s seventh application came before the Westminster court on Monday which was also rejected, the CBI said.