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PNB scam accused Nirav Modi`s extradition approved by UK government
On February 25, a Westminster Magistrates` Court had allowed Modi`s extradition.
Highlights
- Nirav Modi extradition has been approved by UK Home Department
- A UK court had earlier allowed his extradition
- He is accused of committing a fraud of USD 2 billion
New Delhi: The United Kingdom's Home Department has cleared the extradition of fugitive diamantaire Nirav Modi, who is wanted in an over Rs 13,000-crore bank fraud case, officials said on Friday.
He had allegedly perpetrated the fraud in the Punjab National Bank in collusion with his uncle Mehul Choksi.
On February 25, a Westminster Magistrates' Court allowed Modi's extradition.
The findings of the court were sent to the UK Home Department as per which it cleared the extradition.
Modi is accused of committing a fraud of USD 2 billion (around Rs 14,500 crore) in the PNB.