Nirav Modi: Diamond dealer Neerav Modi, who fled to Britain after evading Rs 14,000 crore from the Punjab National Bank, has been acquitted by a court there. UK court finds cash laundering costs in opposition to Neerav
Nirav Modi: Diamond dealer Neerav Modi, who fled to Britain after evading Rs 14,000 crore from the Punjab National Bank, has been acquitted by a court there. A UK court has dominated that cash laundering costs in opposition to Neerav have been confirmed. A London court on Thursday ordered the extradition of Neerav to India. A London court has dominated that Neerav Modi ought to be extradited to India as all of the proof within the cash laundering and PNB financial institution evasion case has been proved. A British court has dominated that extradition to India wouldn’t be unfair to Neerav. A London court has dominated that Neerav is mentally ailing.
The case of diamond dealer Neerav Modi has been pending in a UK court for 2 and a half years. He faces costs of fraud and cash laundering. To this finish, he was taken from Wandsworth Jail to the Magistrates’ Court for trial. District Judge Samuel Gooji, who heard the case, handed down the verdict. However, the court mentioned there was sufficient proof to convict Neerav Modi within the cash laundering case. However, the verdict will be communicated to UK Home Secretary Preity Patil.
It is well-known that India has been asking Britain for years to hand over Neerav within the case of evading Rs 14,000 crore to PNB. Judge Samuel mentioned that India had submitted 16 volumes of proof in opposition to Neerav and that it had recognized the proof submitted by the Indian authorities.