Nirav Modi approaches UK High Court for bail
PTI, May 31, 2019, 3:23 PM IST
London: Nirav Modi, wanted by India in fraud and money laundering charges amounting to nearly USD 2 billion, on Friday applied for bail in the UK High Court.
The Crown Prosecution Service (CPS) said the hearing for his bail petition will take place on June 11.
The 48-year-old is wanted in India to face charges of fraud and money laundering amounting to nearly USD 2 billion in the Punjab National Bank (PNB) case.
Modi was arrested by uniformed Scotland Yard officers on an extradition warrant from a Metro Bank branch in central London on March 19 and has been in prison since.
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