The recent sources in the probe agency claim that due to lack of any new ground, Nirav Modi has played the health card to get out of jail
Nirav Modi, the most wanted person in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, has filed a fresh bail application in a London court on the grounds that he is suffering from anxiety and depression.
Nirav Modi urged the court to place him under house arrest as per his bail application. The bail application of Nirav Modi, who was arrested in London on March 19, has been rejected by the UK court four times.
Nirav Modi cites anxiety and Depression
According to the sources of the law in the UK, a bail application can only be filed only on new grounds by the applicant. The recent sources in the probe agency claim that due to lack of any new ground, Nirav Modi has played the health card to get out of jail.
Modi, a 48-year-old businessman has moved an application in a London court that he is suffering from anxiety and depression and therefore he should be at best kept in house arrest and taken out of jail.
Bail rejected 4 times
On 19 March Nirav Modi has been lodged at South-West London’s Wandsworth jail, one of England’s most overcrowded jails since he is arrested. After an extradition warrant executed by Scotland Yard on charges brought by the Indian government, which is being represented by the UK’s Crown Prosecution Service (CPS) in court he was arrested.
Since his arrest, his legal team, led by solicitor Anand Doobay and barrister Clare Montgomery, have made four bail applications, which have been rejected each time due to Modi being deemed a flight risk.
Several times mentioning the fugitive diamond merchant has not returned to India despite repeated summonses from Indian probe agencies and courts. India is seeking his extradition to make him face the law of the land for allegedly committing the economic offences. The extradition trial of Nirav Modi is expected to begin in May 2020.