London: Fugitive diamantaire Nirav Modi, wished in reference to the practically USD 2 billion Punjab Nationwide Financial institution (PNB) fraud and cash laundering case, will seem earlier than a UK court docket through videolink from his London jail on Thursday for a routine call-over remand listening to.
The 48-year-old, who’s preventing extradition to India at Westminster Magistrates’ Court docket, is predicted to be given a confirmed date for his trial, anticipated in Could subsequent yr.
No progress at present, I’m afraid, Choose Tan Ikram mentioned on the final call-over listening to on August 22, as he gave instructions for the court docket clerk to hunt a affirmation of the proposed five-day extradition trial to begin on Could 11, 2020.
There may be additionally more likely to be a case administration listening to within the matter forward of the extradition trial in February subsequent yr.
Modi has been lodged at Wandsworth jail in south-west London, considered one of England’s most overcrowded jails, since his arrest in March on an extradition warrant executed by Scotland Yard on costs introduced by the Indian authorities, being represented by the UK’s Crown Prosecution Service (CPS) in court docket.
Below the UK legislation, Modi is predicted to be produced earlier than the court docket inside a 28-day interval throughout his judicial custody pending trial. Since his arrest, his authorized crew, led by solicitor Anand Doobay and barrister Clare Montgomery, have made 4 bail purposes, which have been rejected every time because of Modi being deemed a flight threat.
In her judgment handed down on the Royal Courts of Justice in London on his final bail enchantment in June, Justice Ingrid Simler had concluded there have been substantial grounds to imagine that Modi would fail to give up as he does possess the means to abscond .
Reiterating related considerations as these beforehand raised by Westminster Magistrates’ Court docket throughout earlier bail makes an attempt, Choose Simler dominated that after contemplating all the fabric rigorously , she had discovered sturdy proof to recommend there had been interference with witnesses and destruction of proof within the case and concluded it could nonetheless happen.
The applicant has entry to appreciable monetary assets, supported by an elevated [bail bond security] supply of GBP 2 million, the decide famous.
The Excessive Court docket decide pressured that whereas it was not for her to take a “definitive view” on the proof, she had proceeded on the idea that the federal government of India has acted in good religion in what’s undoubtedly a critical case and a complicated worldwide conspiracy to defraud, along with cash laundering.
Modi was arrested by uniformed Scotland Yard officers on an extradition warrant on March 19 and has been in jail since. Throughout subsequent hearings, Westminster Magistrates’ Court docket was advised that Modi was the “principal beneficiary” of the fraudulent issuance of letters of enterprise (LoUs) as a part of a conspiracy to defraud PNB after which laundering the proceeds of crime.
By Aditi Khanna