Nirav Modi Denied Bail Again from the UK High Court

Escaped diamond merchant Nirav Modi, on Wednesday, was denied bail, again, from a UK high court. The high court said that Modi also made an attempt to destroy the evidence against him.

He was arrested on March 20. And since then he’s been in Her Majesty’s Prison Wandsworth. It is one of the largest prisons in Western Europe.

Wanted in the PNB fraud case, Nirav Modi had asked for a review of the lower court’s order that denied him bail.

Now, he has to take the permission of the lower court for re-applying for his bail at the magistrate’s court.

In his argument, Modi said that he had arrived in the UK in January 2018, even before he was accused of any crime. In response to India’s extradition request, he said he was in staying legally in Britain. And that he also had a job and paid his taxes.

In the recent hearing at the Royal Courts of Justice, Justice Ingrid Simbler said that strong pieces of evidence have been found of the efforts for intervening with witness statements and destruction of evidence.

"I am satisfied that there is evidence of destruction of evidence. They contained data in discs which would have been of interest to authorities... It seems he has means to access funds... I feel that the applicant would fail to surrender," she said.

Adding further, she also said that she found it difficult to see why the UK should be a safe place for him (Nirav Modi) to escape the extradition.

Previously, Nirav Modi had been denied the bail thrice, at the Westminster Magistrate’s Court in London. On previous occasions too, the judge had ruled that there was ‘substantial risk’ that he would fail to surrender, and also that the security offered for his bail was insufficient.

Both Nirav Modi and Mehul Choksi are the two main accused in the Punjab National Bank scam. The huge fraud involved fake guarantees in the name of the state-run lender for securing overseas loans.

They both left India in January 2018, before CBI began investigating the scam.

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