Fresh evidence against Nirav Modi to be submitted in UK court in few hours
Just before the crucial hearing on diamantaire Nirav Modi, the CBI and ED team met Crown Prosecution Service in London. Fresh evidence has been handed over to Crown Prosecution Service by the Indian agencies. This evidence will be submitted in the court today (March 29). Crown Prosecution Service has been briefed.
Sources have told that the motive of this new evidence will make the Indian government's case stronger against Nirav Modi as efforts are being made by the investigative agencies to keep Nirav Modi behind bars in London.
The Westminster Magistrates' Court will hear Nirav Modi's bail application today (Friday).
ED sources have told that prime accused in Rs 13,000 crore PNB fraud case remains a flight risk. The Crown Prosecution Service on behalf of the Indian government will be highlighting that Modi has traveled out of UK thrice when his passport was canceled by Indian authorities.
CBI sources have told that Nirav has made an attempt to resume business in the UK with the help of his associates based in the country. The agency, however, is still investigating the source of the capital used in setting up this business.
A top government official told, "We will try our best to keep him behind the bars. Along with the existing evidence, we have shared additional evidence so that CPS can convince the Westminster Magistrates' Court that Nirav Modi is a flight risk and a person with a lot of money power."
The Indian agencies fear that if Modi is out on bail, he may try to flee or hide.
In the last hearing, the London court rejected his bail application stating Nirav Modi is a flight risk.
To bring back the fugitive, Indian agencies and government, have stepped up efforts to expedite Nirav Modi's extradition to India after the fugitive businessman was arrested in London on March 19. His bail was rejected by the London court and he was sent to jail till March 29.
Officials have also informed CPS that an application has been filed in the court to declare Nirav Modi a fugitive economic offender.
On the other hand, Nirav Modi has also prepared his case and top lawyers will be presenting a strong defense for him before the court. His lawyers, according to sources, are going to argue that he is a law abiding citizen and the case against him is over politics in India.