London sources reported that fugitive diamond trader Nirav Modi, who is fighting extradition to india on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, on Thursday was remanded to prison until November 11 after he appeared via video link from his London jail for a regular remand hearing.
Meanwhile Westminster Magistrates' Court Judge Nina Tempia confirmed that Modi's extradition trial is scheduled between May 11 and 15 next year and that he must re-appear via videolink every 28 days for call-over hearings until the case management for the trial kicks in from February next year. Furthermore the court was told that the 48 year old, who spoke only to confirm his name and date of birth, faces fraud and money laundering charges in India.
Moreover modi has been lodged at Wandsworth prison in south-west London, one of England's most overcrowded jails, since his arrest in March on an extradition warrant executed by scotland Yard on charges brought by the Indian government, being represented by the UK's Crown Prosecution Service (CPS) in court, hence since his arrest, his legal team, led by solicitor Anand Doobay and barrister Clare Montgomery, have made four bail applications, which have been rejected each time due to modi being deemed a flight risk.
