Nirav Modi was denied bail in London

Posted on:21 Mar 2019 13:17:04
Nirav Modi was denied bail in London
21 March 2019 Current Affairs:

Indian businessman Nirav Modi who was accused in the Rs.13,000 crore Punjab National Bank fraud case was denied bail in London, despite offering the court assurances including £500,000 as security. 
Mr.Modi is now due to appear before Emma Arbuthnot, the Chief Magistrate of Westminster Magistrates Court, who ordered Vijay Mallya’s extradition on March 29. 
The hearing before District Judge Marie Mallon took place a day after Mr. Modi was arrested at a bank branch in London by the Metropolitan Police.

Indian businessman Nirav Modi who was accused in the Rs.13,000 crore Punjab National Bank fraud case was denied bail in London, despite offering the court assurances including £500,000 as security. 
Mr.Modi is now due to appear before Emma Arbuthnot, the Chief Magistrate of Westminster Magistrates Court, who ordered Vijay Mallya’s extradition on March 29. 
The hearing before District Judge Marie Mallon took place a day after Mr. Modi was arrested at a bank branch in London by the Metropolitan Police.


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