Diamond merchant Nirav Modi’s bail plea has been rejected by a UK court for the sixth time. Modi has been lodged in the Wandsworth Prison since March 19, 2019 and will continue to remain there.
Modi has been fighting extradition charges related to the estimated USD 2-billion Punjab National Bank (PNB) fraud and money laundering case. According to reports, Modi’s bail plea has been rejected for the sixth time in a row due to his past record which includes fleeing away from Indian authorities and seeking asylum in the United Kingdom.
Last month , Modi’s legal counsel told the UK court that Nirav Modi is unlikely to get a fair trial in India due to the politicisation of his case and that he faces a “high risk of suicide” due to lack of adequate medical facilities in Indian prisons.
He is expected appear again via video link from his prison for the next extradition trial on November 3.