Nirav Modi arrested in London, to be produced in court shortly zeenews.india.com
Absconding jeweller Nirav Modi, the main accused in the USD 2 billion (Rs 13,500 crore) PNB fraud case, was arrested in London by the Scotland Yard from Holborn on Tuesday in pursuance of the extradition request by Enforcement Directorate (ED). The absconding diamantaire was arrested on a warrant issued by London's Westminster Magistrates' Court and will be produced before court shortly today. It is believed that the 48-year-old fugitive jeweller will be formally charged at Westminster Magistrates' Court, following which he is expected to seek bail.
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