Nirav Modi's Extradition to India Nears as MEA Confirms UK Legal Proceedings Are Underway
The Ministry of External Affairs (MEA) has reaffirmed that fugitive diamond merchant Nirav Modi will soon be extradited from the United Kingdom to India, pending the final conclusion of ongoing judicial procedures in British courts. During a recent media briefing, MEA spokesperson Randhir Jaiswal emphasized that the Indian government is closely tracking these legal developments, maintaining an uncompromising stance that economic offenders and fugitive criminals must face trial on home soil.
UK Court Rejects Legal Challenges as Extradition Process Advances
The legal noose has steadily tightened around the high-profile fugitive following key rulings by British courts. In March, the King's Bench Division of the London-based High Court of Justice rejected Nirav Modi's appeal seeking a fresh review against his extradition order. The Crown Prosecution Service successfully argued the case with vital assistance from a specialized Central Bureau of Investigation (CBI) team deployed to London. Nirav Modi remains wanted in India for his central role in the multi-billion-dollar Punjab National Bank (PNB) fraud, where fraudulent Letters of Undertaking were allegedly used to siphon public funds before he fled the country in January 2018.
Supreme Court Slams CBI and Delhi Police Over Inaction in Indiabulls Probe
In a separate yet significant judicial development, the Supreme Court of India sharply reprimanded the CBI and the Delhi Police's Economic Offences Wing (EOW) for their conspicuous silence and failure to file status reports regarding suspicious financial transactions involving Indiabulls Housing Finance Ltd. A bench comprising Chief Justice Surya Kant, Justice Joymalya Bagchi, and Justice V. Mohana expressed deep astonishment at the agencies' inaction, warning that such negligence raises questions of institutional accountability. While the court initially considered summoning the agency heads, it stayed its hand following assurances from Additional Solicitor General SV Raju that comprehensive status reports and corrective measures will be filed within two weeks.