UK court denies bail to Nirav Modi for third time
London, May 8: A UK court Wednesday denied for the third time bail to fugitive diamantaire Nirav Modi, the main accused in the Punjab National Bank fraud and money laundering case amounting to up to USD 2 billion.
Dressed in a light blue shirt and trousers, the 48-year-old appeared before Westminster Magistrates Court Chief Magistrate Emma Arbuthnot and sat behind a glass enclosure as the hearing got underway.
Modi's defence team doubled the bail security to 2 million pounds and offered he would stay on 24-hour curfew at his London flat.
"Conditions in Wandsworth (prison) are unliveable... Modi is willing to abide by any conditions you choose to impose," his barrister Clare Montgomery told the Judge during the lengthy hearing.
However, the judge was not convinced.
Judge Arbuthnot denied bail to Modi as she feared that he would fail to surrender.
Earlier, the Crown Prosecution Service (CPS), arguing on behalf of Indian authorities, said Modi should not be granted bail as the evidence presented by the defence does not amount to change of circumstances required to third bail application.
Modi's defence team, led by barrister Motgomery who was also the barrister for former Kingfisher Airlines boss Vijay Mallya in his extradition case - opposed the CPS claims of Modi being a flight risk.
He is believed to have been living in the UK on an Investor Visa, applied for in 2015 at a time when the so-called golden visa route was relatively easier for super-rich individuals to acquire residency rights in the UK based on a minimum of 2 million pounds investment.
He was denied bail by District Judge Marie Mallon at his first hearing on March 20 soon after his arrest by Scotland Yard officers from a central London bank branch as he tried to open a new bank account and has been in custody at HMP Wandsworth prison in south-west London since then.
He was denied bail a second time on March 29 by Chief Magistrate Arbuthnot who ruled that there were "substantial grounds" to believe that he would fail to surrender and also noted that "very unusually in a fraud case" the accused had made death threats to witnesses.
Modi and his uncle, Mehul Choksi, are the main accused in the PNB scam and they both left India before the details of the fraud came to light in January 2018. He is wanted by India in relation to the Rs 13,500-crore PNB fraud case.
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2 drown, 4 missing after boat capsizes in Yamuna in UP's Hamirpur
Hamirpur (UP) (PTI): Two persons, including a child, drowned and four went missing went missing after a boat capsized in the Yamuna river here, police said on Thursday.
They said the incident took place on Wednesday evening in Kutubpur Patiya hamlet under Bhauli gram panchayat in the Kurara police station area when nine people, not including the boatman, were returning from a river island.
According to police, the boat lost balance in the middle of the river and capsized around 7 pm.
The boatman, Dheeru, managed to rescue three people -- Vishnu, Rinku and Parul.
The remaining six --five children and a woman-- Akanksha (9), Rani (9), Brijrani (25), Labhyansh (5), Mahesh (6), and Aditya (11) -- went missing, police said.
Later on Thursday, rescue teams recovered the bodies of Akanksha and Brijrani (25.
SHO, Brijesh Kumar said that due to heavy rain since the morning, teams are facing difficulties in rescue operation.
District Magistrate Abhishek Goyal said a search for the missing is being conducted by teams of the National Disaster Response Force and the State Disaster Response Force.
Taking cognisance of the incident, Chief Minister Adityanath has directed the district administration to investigate the cause of the accident and put in place effective measures to prevent such incidents in future.
He has directed senior police and administrative officials to immediately reach the spot and ensure relief and rescue operations on a war footing, an official statement said.
Adityanath has called for rescue efforts to be intensified to trace the missing persons at the earliest and warned that any negligence in the matter would not be tolerated, it added.
The chief minister also instructed senior district officials to personally monitor the rescue operations and ensure all possible assistance to the affected families.
BJP MLA from Hamirpur Manoj Prajapati said attempts are on to trace the missing. "We will ensure compensation to the affected families in accordance with the rules and submit a report to the chief minister on the incident," he said.
