Fugitive diamantaire Nirav Modi News

Nehal Modi, brother of fugitive Nirav Modi, has been arrested in the US on an extradition request made by India. The arrest is a major step forward in India's crackdown on the Rs. 13,000 crore Punjab National Bank (PNB) fraud case. Nehal is ‘wanted’ in India in connection with the multi-billion-dollar PNB case, one of the largest banking scams in India’s history.

"The past is a prediction of what might happen in the future," said Judge Arbuthnot, as she concluded that she remains unconvinced that Nirav Modi would not interfere with witnesses or fail to surrender before the court for his trial in May 2020. She also noted that the confirmation that Modi is suffering from "depression" is not such that would influence her to change her previous ruling to deny bail.

Fugitive diamantaire Nirav Modi's bail application has been rejected by the London's Westminster Magistrate court. Watch this video to know more.