PNB Scam: London court denies relief to Nirav Modi, to remain in jail till September 19

Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until September 19. During a short remand hearing at Westminster Magistrates Court via videolink from Wandsworth prison, the judge extended Modis remand till September 19. Modi, 48, has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly USD 2 billion PNB fraud and money laundering case. He appeared for the second time since his bail appeal was rejected by the UK High Court in July.