Nirav remanded in UK custody in PNB fraud case
   Date :18-Oct-2019
FUGITIVE diamond trader Nirav Modi, who is fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, on Thursday was remanded to prison until November 11 after he appeared via videolink from his London jail for a regular remand hearing. Westminster Magistrates’ Court Judge Nina Tempia confirmed that Modi’s extradition trial is scheduled between May 11 and 15 next year and that he must re-appear via videolink every 28 days for “call-over hearings” until the case management for the trial kicks in from February next year.
The 48-year-old, who spoke only to confirm his name and date of birth, faces fraud and money laundering charges in India.