March 20,2019:

On Wednesday, Indian Diamantaire Nirav Modi was arrested in London by Scotland Yard on India’s extradition request.

Nirav Modi will be produced in a London court later today.

Westminster Court in London, UK had issued a warrant to arrest Nirav Modi, days after British home secretary Sajid Javid certified India’s request to extradite him to face charges of financial irregularities in the Rs 13,500-crore Punjab National Bank (PNB) fraud case.

Nirav Modi’s arrest by the Scotland Yard has triggered  first stage of legal process for extradition.

Issuing of the arrest warrant implies that the court is satisfied that there are reasonable grounds for believing that the conduct described in the request is an extradition offence, which includes the requirement for dual criminality.

Nirav Modi's presence in UK was confirmed by the British authorities in mid-2018. He was recently figured in a video released by The Daily Telegraph, walking on the London streets and responding to all the queries by its reporters with “No comment.”

Source HT

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