Tribunal del Reino Unido niega la libertad bajo fianza a Nirav Modi por tercera vez
LONDON: A British Court Denied Wednesday Bail A Nirav Modi For The Third Time, Saying That The Fugitive Diamonds Merchant Is The Principal Accused In The National Bank Of Punjab Fraud And Money Laundering Case For A Amount Of Up To $ 2 Billion Would Not Surrender.
Dressed In A Light Blue Shirt And Trousers, The 48-year-old Appeared Before Westminster Magistrates Court Chief Magistrate Emma Arbuthnot And Sat Behind A Glass Enclosure As The Hearing Got Underway.
Nirav Modi 's Defense Team Doubled The Bail Security To 2 Million Pounds And Offered He Would Stay On 24 - Hour Curfew At His London Flat.
" Conditions In Wandsworth (prison) Are Unliveable ... Nirav Is Willing To Abide By Any Conditions You Choose To Impose," His Barrister Clare Montgomery Told The Judge During The Lengthy Hearing.
However, The Judge Was Not Convinced.
"This is a large Fraud And the doubling of security to 2 million pounds is not enough to cover a combination of concerns that he would fail to surrender (if bail is granted)," said Judge Arbuthnot.
Earlier, The Crown Prosecution Service (CPS), Arguing On Behalf Of Indian Authorities, Said Nirav Modi Should Not Be Granted The Evidence Submitted By The Defense.
Nirav Modi 's Defense Team, Led By Barrister Motgomery - Who Was Also The Barrister For Kingfisher Airlines Boss Vijay Mallya In His Extradition Case - Opposed The CPS Claims Of Modi Being A Flight Risk.
He Is Believed To Have Been Living In The UK On An Investor Visa, Applied For In 2015 - At A Time When The So-called" Golden Visa" Route Was Relatively Easy For Super-rich Individuals To Acquire Residency Rights In The UK Based On A Minimum Of 2 Million Pounds Investment.
District Judge Marie Mallon Denied Freedom On Bail At Her First Hearing On March 20 Shortly After Her Arrest By Scotland Yard Officers From A Central London Bank Branch As He Tried To Open A New Bank Account And Has Been In Custody At HMP Wandsworth Prison In South-west London Since Then.
He Was Denied Bail To Second Time On March 29 By Chief Magistrate Arbuthnot Who Ruled That There Were" Substantial Grounds" To Believe That He Would Fail To Surrender And Also That" Very Unusually In A Fraud Case" The Accused Had Made Death To Witnesses.
Nirav Modi And His Uncle, Mehul Choksi, Are The Main Accused In The PNB Scam And They Both Left India Before The Details Of The Fraud Came To Light In January 2018. He Is Wanted By India In Relation To The Rs 13,500-crore PNB Fraud Case.