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You are here: Home / Billionaire diamond tycoon will be extradited to India to face trial over £1.3bn frauds after losing court fight to stay in UK

Billionaire diamond tycoon will be extradited to India to face trial over £1.3bn frauds after losing court fight to stay in UK

· February 26, 2021 ·

A billionaire diamond tycoon can be extradited from Britain to India to face trial over an alleged £1.3billion fraud, a judge ruled yesterday. Nirav Modi, 49, whose jewels have been worn on the Oscars red carpet by Kate Winslet, has been in Wandsworth prison, south-west London , since his arrest in March 2019. His long battle against extradition was all but lost yesterday as District Judge Samuel Goozee said there was enough evidence for him to answer fraud allegations by the Punjab National Bank. Nirav Modi, 49, (pictured) whose jewels have been worn on the Oscars red carpet by Kate Winslet, has been in Wandsworth prison, south-west London, since his arrest in March 2019 RELATED ARTICLES Previous 1 Next ‘Think about others rather than yourselves’: Queen’s… Freedom! First couple released from 10-day quarantine in… Share this article Share The ruling at Westminster Magistrates Court will now be sent to Home Secretary Priti Patel for sign-off. Modi, who appeared via video from jail, was told he had 14 days to appeal. Modi left India in early 2018 just before criminal charges were brought. He is also alleged to have concealed £630million of property, intimidated witnesses and perverted the course of justice…. Read full this story

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