https://supremacy.info/news/78827

Fugitive Diamantaire Predicts Major Shifts in Extradition Battle

Fugitive diamantaire Nirav Modi, currently incarcerated in the United Kingdom, has informed a London court that 'sensational developments' are anticipated in his ongoing Indian extradition case. Modi, who faces charges of fraud and money laundering, made the statement during a separate civil hearing concerning an unpaid $8 million debt to the Bank of India at the Royal Courts of Justice on Friday, October 17, 2025.

Extradition Appeal Reopened Amidst New Claims

Modi, 54, has lodged an application to reopen his extradition appeal, a move confirmed by the UK's Crown Prosecution Service (CPS). Indian authorities have already submitted their response, with a crucial hearing expected towards the end of November, specifically on November 23, according to some reports.

During his court appearance, Modi, representing himself as a 'litigant in person,' expressed optimism, stating he was 'extremely hopeful' of either being discharged or granted bail. He cited the court's agreement to consider new evidence despite the 'high bar' for such matters. He also raised concerns about his medical issues and difficulties accessing a computer in prison, arguing these factors made a fair trial impossible. However, High Court Judge Simon Tinkler rejected his application to pause the proceedings on these grounds, assuring that prison authorities would make necessary adjustments, including providing computer access within a week.

Background of the PNB Fraud and Money Laundering Charges

Nirav Modi is wanted in India in connection with an estimated $2 billion (₹13,000 crore) fraud case involving Punjab National Bank (PNB) and related money laundering allegations. He fled India in January 2018, shortly before the scam came to light, which involved the alleged fraudulent issuance of Letters of Undertaking (LoUs). Modi has been in UK custody since his arrest in March 2019, and his numerous bail applications have been consistently rejected due to concerns he poses a flight risk.

In April 2021, then-UK Home Secretary Priti Patel approved Modi's extradition to India after a prima facie case was established against him. He had previously exhausted all legal avenues, including appeals to the UK High Court and permission to appeal to the UK Supreme Court, by December 2022.

India's Assurances and Future Proceedings

In anticipation of the renewed extradition proceedings, the Government of India has provided assurances to the UK that if extradited, Nirav Modi will only face trial and will not be subjected to fresh interrogation, as investigations are complete. India has also confirmed that Modi would be lodged in Barrack 12 of Arthur Road Jail in Mumbai, addressing concerns about prison conditions. This latest development marks a significant turn in the protracted legal battle, with all eyes on the upcoming November hearing in London.