A London court on Wednesday denied bail to Nirav Modi for the third time despite him offering ₹18 crore as security. Nirav's lawyer said her client should be granted bail because most of his funds are frozen and he has shown that he's no longer seeking residence abroad. The 48-year-old is facing extradition to India over the ₹14,000-crore PNB scam.
A London court on Wednesday denied bail to Nirav Modi for the third time despite him offering ₹18 crore as security. Nirav's lawyer said her client should be granted bail because most of his funds are frozen and he has shown that he's no longer seeking residence abroad. The 48-year-old is facing extradition to India over the ₹14,000-crore PNB scam.
