Nirav Modi's Fresh Bail Petition Rejected By UK Court, Says CBI
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Nirav Modi, who has been facing fraud and money laundering charges in India, has been in prison in London for nearly six years after losing his extradition battle.
In a major setback for fugitive Indian diamond merchant and businessman Nirav Deepak Modi, his latest bail petition was rejected by London High Court, Central Bureau of Investigation (CBI) said on Thursday.
Modi, who has been facing fraud and money laundering charges in India, has been in prison in London for nearly six years after losing his extradition battle.
The probe agency said that the bail petition has been rejected by the High Court of Justice, King's Bench Division, London. It said that the bail arguments were strongly opposed by the Crown Prosecution Service with the help of a CBI team which had travelled to London.
'The bail arguments were strongly opposed by the Crown Prosecution Service advocate who was ably assisted by a strong CBI team consisting of investigating and law officers who travelled to London for this purpose. CBI could successfully defend the arguments which resulted in the rejection of the bail," the probe agency said.
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