The UK government has cleared the extradition of scam-accused billionaire Nirav Modi’s to India. UK Home Secretary Priti Patel signed the extradition order on Thursday.
Nirav Modi, 50, is a step closer to extradition. But he still has the option of legally challenging it within 28 days before the UK High Court. The process may take months or even years, as seen in the case of liquor baron Vijay Mallya. Mallya had gone to court against his extradition order signed back in February 2019.
Earlier, the UK Westminster court had allowed the extradition plea and sent the case to the Home Secy.
The Indian courts wanted the jeweller for fraud and money laundering in the ₹ 14,000-crore Punjab National Bank (PNB) loan scam.
While clearing his extradition to India, a UK judge in February dismissed arguments like his mental health worsening during the pandemic and poor Indian prison conditions.
“I do not accept that Nirav Modi was involved in a legitimate business. I find no genuine transactions and believe there is a process of dishonesty,” the judge said.
“Many of these are a matter for trial in India. I am satisfied again with the evidence that he could be convicted. Prima facie there is a case of money laundering.”
Once celebrity jeweller
The UK police had arrested Nirav Modi, once the celebrity jeweller to movie stars in India and abroad in 2019 from a metro station in London on an extradition warrant. The court repeatedly denied bail to Modi, as he was seen as a flight risk.
He is facing two sets of criminal proceedings; the CBI case relating to illegal letters of undertaking or loan agreements used to clear crores in loans to the jeweller, and the Enforcement Directorate (ED) case relating to the laundering of the proceeds of that fraud. He also faces two additional charges of evidence tampering and intimidating witnesses, which have been added to the CBI case.
Nirav Modi argued in the London court that he had a family history of depression and suicide. He also told to court that his mental condition had turned “severe” in the pandemic. He also said that the conditions at the Arthur Road prison in Mumbai, where he is to be jailed, were poor. But the judge accepted the government of India’s video recording, showing that the prison met all human rights requirements of natural light and ventilation.
“Modi fears prosecution in India. Although he has expressed suicidal thoughts, the Indian government has reassured safe conditions in prison, through a video in August. The video shows better sanitation and hygiene than the video in 2019,” said the judge. Regardless of how long it takes, officials at the Arthur Road prison say they are ready for Nirav Modi.