LONDON: Fugitive diamond service provider Nirav Modi, wanted in India on fraud and cash laundering charges amounting to $2 billion, is ready to look before Westminster Magistrates Court in London on Friday, when his criminal workforce will make a second bail software.
The 48-year-old were denied bail via District Judge Marie Mallon at his first listening to quickly after his arrest via Scotland Yard officers from a central London bank department as he attempted to open a new checking account and has been in custody at HMP Wandsworth prison in south-west London since last Wednesday.
"He is expected to be produced before the court for a second bail application hearing on March 29," a courtroom reliable confirmed on Tuesday.
Crown Prosecution Service (CPS) barrister Jonathan Swain, arguing on behalf of the Indian government, had objected to Nirav Modi's bail plea all the way through last week's listening to, stressing that he was wanted in India for "high value and sophisticated" fraud and cash laundering amounting to $2 billion.
Judge Mallon had ruled in favour of the Indian government, announcing that she was satisfied Nirav Modi had the method and incentive to leap bail and "fail to surrender".
The next listening to in the case is anticipated to be presided over via Chief Magistrate Emma Arbuthnot, the pass judgement on who ordered the extradition of former Kingfisher Airlines boss Vijay Mallya to India last December. That case is currently in the United Kingdom High Court as a part of Mallya's software in the hunt for leave to attraction towards her ruling.
"Further to the Mallya case, India now has a template to refer to when dealing with the extradition procedure of Nirav Modi from the UK," mentioned Sarosh Zaiwalla, founder and senior spouse at UK-based law company Zaiwalla & Co.
Describing him as the "opposite of a flight risk" all the way through the first bail software listening to last week, Nirav Modi's defence workforce had presented 500,000 kilos as safety and likewise submitted to any stringent stipulations that can be imposed upon their shopper. It continues to be observed how they might additional bolster that provide with a view to convince the pass judgement on to grant bail all the way through the second listening to, following which the case will proceed to a chain of case control hearings and setting of a tribulation date.
During Nirav Modi's first courtroom appearance after his arrest last week, it emerged that the diamantaire accused of defrauding state-owned Punjab National Bank (PNB) by the use of fraudulent Letters of Undertaking (LoUs) were working on building up his criminal workforce towards extradition lawsuits since March last 12 months.
In July 2018, once the Indian government had despatched their extradition request to the United Kingdom Home Office, he employed Boutique Law – a specialist law company specialising in extradition. Anand Doobay of Boutique Law, who was found in courtroom last week, has been the solicitor answerable for the Mallya extradition case as smartly.
He, along with barrister George Hepburne Scott, make up Nirav Modi's defence workforce and sought to ascertain their shopper's "complete engagement” with UK government and willingness to cooperate.
"He strongly contests the allegations… has a wealth of subject material in improve of his case,” Hepburne Scott instructed the courtroom, indicating that political motivation and human rights violations in an Indian prison will shape a part of Nirav Modi's "comprehensive" defence technique.
His workforce additionally contested his fugitive status, claiming that Nirav Modi arrived in London in January last 12 months before any of the allegations emerged and has maintained an excessively “visible” presence in the United Kingdom ever since.
The courtroom was instructed that he has a freelance of employment with Diamond Holdings Ltd in London for a per thirty days wage of 20,000 kilos since October last 12 months and has been paying his native council tax.
It additionally emerged in courtroom that Nirav Modi was in possession of more than one passports, since revoked via the Indian government. While one passport is now in possession of the Metropolitan Police, a second expired passport is mendacity with the United Kingdom Home Office and a third with the United Kingdom's Driving and Vehicle Licensing Authority (DVLA) for a driver's licence.
Besides the passports, Nirav Modi additionally possesses more than one residency playing cards, a few of them expired, however masking countries such as the UAE, Singapore and Hong Kong.
The 48-year-old were denied bail via District Judge Marie Mallon at his first listening to quickly after his arrest via Scotland Yard officers from a central London bank department as he attempted to open a new checking account and has been in custody at HMP Wandsworth prison in south-west London since last Wednesday.
"He is expected to be produced before the court for a second bail application hearing on March 29," a courtroom reliable confirmed on Tuesday.
Crown Prosecution Service (CPS) barrister Jonathan Swain, arguing on behalf of the Indian government, had objected to Nirav Modi's bail plea all the way through last week's listening to, stressing that he was wanted in India for "high value and sophisticated" fraud and cash laundering amounting to $2 billion.
Judge Mallon had ruled in favour of the Indian government, announcing that she was satisfied Nirav Modi had the method and incentive to leap bail and "fail to surrender".
The next listening to in the case is anticipated to be presided over via Chief Magistrate Emma Arbuthnot, the pass judgement on who ordered the extradition of former Kingfisher Airlines boss Vijay Mallya to India last December. That case is currently in the United Kingdom High Court as a part of Mallya's software in the hunt for leave to attraction towards her ruling.
"Further to the Mallya case, India now has a template to refer to when dealing with the extradition procedure of Nirav Modi from the UK," mentioned Sarosh Zaiwalla, founder and senior spouse at UK-based law company Zaiwalla & Co.
Describing him as the "opposite of a flight risk" all the way through the first bail software listening to last week, Nirav Modi's defence workforce had presented 500,000 kilos as safety and likewise submitted to any stringent stipulations that can be imposed upon their shopper. It continues to be observed how they might additional bolster that provide with a view to convince the pass judgement on to grant bail all the way through the second listening to, following which the case will proceed to a chain of case control hearings and setting of a tribulation date.
During Nirav Modi's first courtroom appearance after his arrest last week, it emerged that the diamantaire accused of defrauding state-owned Punjab National Bank (PNB) by the use of fraudulent Letters of Undertaking (LoUs) were working on building up his criminal workforce towards extradition lawsuits since March last 12 months.
In July 2018, once the Indian government had despatched their extradition request to the United Kingdom Home Office, he employed Boutique Law – a specialist law company specialising in extradition. Anand Doobay of Boutique Law, who was found in courtroom last week, has been the solicitor answerable for the Mallya extradition case as smartly.
He, along with barrister George Hepburne Scott, make up Nirav Modi's defence workforce and sought to ascertain their shopper's "complete engagement” with UK government and willingness to cooperate.
"He strongly contests the allegations… has a wealth of subject material in improve of his case,” Hepburne Scott instructed the courtroom, indicating that political motivation and human rights violations in an Indian prison will shape a part of Nirav Modi's "comprehensive" defence technique.
His workforce additionally contested his fugitive status, claiming that Nirav Modi arrived in London in January last 12 months before any of the allegations emerged and has maintained an excessively “visible” presence in the United Kingdom ever since.
The courtroom was instructed that he has a freelance of employment with Diamond Holdings Ltd in London for a per thirty days wage of 20,000 kilos since October last 12 months and has been paying his native council tax.
It additionally emerged in courtroom that Nirav Modi was in possession of more than one passports, since revoked via the Indian government. While one passport is now in possession of the Metropolitan Police, a second expired passport is mendacity with the United Kingdom Home Office and a third with the United Kingdom's Driving and Vehicle Licensing Authority (DVLA) for a driver's licence.
Besides the passports, Nirav Modi additionally possesses more than one residency playing cards, a few of them expired, however masking countries such as the UAE, Singapore and Hong Kong.
Nirav to make 2nd bail application on Friday
![Nirav to make 2nd bail application on Friday]()
Reviewed by Kailash
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March 27, 2019
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