From Flashy Diamantaire to a Fugitive: A Timeline of Nirav Modi's Long Road To Extradition
A UK court on Thursday ruled that fugitive diamantaire Nirav Modi can be extradited to India to face charges of fraud and money laundering amounting to an estimated USD 2 billion in Punjab National Bank scam case.
The 49-year-old appeared in virtual proceedings on Thursday from Wandsworth Prison in south-west London as District Judge handed down his judgment at Westminster Magistrates' Court in London.
Following is the timeline of the money laundering case since its inception in 2018:
• In January 2018, Punjab National Bank (PNB) files a police complaint against Nirav Modi, Mehul Choksi and others for a fraud worth Rs 2.81 billion.
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• The Central Bureau of Investigation (CBI) launches an investigation into the alleged scam in February.