No Relief For Nirav Modi, UK Court Rejects Bail, To Stay In Jail Till August 22

There seems to no end in troubles for embattled fugitive diamond merchant Nirav Modi. Wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, Nirav has now suffered yet another set- back in his attempt to get bail .

During a short remand hearing at Westminster Magistrates’ Court via videolink from Wandsworth prison, the judge extended Modi’s remand till August 22.

Modi, 48, has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly USD 2 billion PNB fraud and money laundering case.

He appeared for the first time since his bail appeal was rejected by the UK High Court earlier last month.

It is the fifth time that his bail had been rejected . He had been accused of threatening the witnesses during the trial.