Indian fugitive business Nirav Modi threatens to commit suicide if extradited to India during a UK Court Hearing
Nirav Modi is in the midst of an extradition battle in the UK on charges of fraud and money laundering to the tune of nearly Rs. 13,500 crore.
On Wednesday, the judge of the UK court rejected Modi’s bail despite the security amount being doubled to four million pounds and an offer to be on house arrest.
As his fourth bail plea was rejected, Modi threatened to commit suicide if he was extradited to India.
James Lewis, appearing for the Crown Prosecution Service (CPS) on behalf of the Indian government told the court that he (Modi) has said “he will kill himself if his extradition is ordered” and “that in itself is the strongest motivation for someone to abscond”.
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India’s fight to extradite Nirav Modi
Forty-eight-year-old Modi was arrested on March 19 by Scotland Yard in connection with India’s PNB Scam. The diamantaire is currently lodged in Wandsworth prison in south-west London.
Modi and his uncle Mehul Choksi are the main accused in the PNB loan default scam.
The fugitive duo fled the country in January 2018 before the scam came to public light.
Despite repeated summonses from Indian probe agencies and courts and an extradition request to the UK, India has been unable to nab Modi till now.
The next hearing is slated to take place on December 4.
