look news india
London/New Delhi: A big news has come out about diamond businessman Nirav Modi, one of India’s biggest economic fugitives. According to sources, the process of extradition of Nirav Modi has reached its final stage. A special team of the Central Bureau of Investigation (CBI) has already reached London, indicating that Modi can be brought to India at any time.
Nirav Modi, the main accused in the Punjab National Bank (PNB) scam of around Rs 13,000 crore, was fighting a legal battle in Britain for the last several years, but now almost all his avenues of escape are closed.
CBI deployment in London: Operational preparations intensified
The arrival of the Central Bureau of Investigation team in London is a clear indication that the Indian government is now in ‘operational mode’.
Legal barriers eliminated: Almost all the appeals of Nirav Modi have been rejected in the British courts.
Final Step: According to sources, now the only matter left is the paperwork and transfer process. The CBI team is completing the formalities to bring Modi back in collaboration with British officials.
The last blow was given by London High Court
In March 2026, Britain’s ‘High Court of Justice’ had rejected Nirav Modi’s petition, in which he had demanded to reopen the proceedings against his extradition.
Court’s decision: A bench of Lord Justice Stuart-Smith and Justice J said that the grounds given by Modi do not fall in the category of ‘extraordinary circumstances’.
Reference to Sanjay Bhandari case: Modi had tried to escape by citing the case of arms businessman Sanjay Bhandari, but the court did not consider it sufficient.
What is the Rs 13,000 crore PNB scam?
Nirav Modi, along with his maternal uncle Mehul Choksi (who is currently in jail in Belgium), is accused of defrauding PNB, the country’s second largest public sector bank.
Scam amount: Total fraud of Rs 13,000 crore.
Personal allegations: According to CBI, out of this amount, Nirav Modi alone Rs 6,498.20 crore Of rigged.
Ferrari: He fled India in January 2018 just before the investigation into the scam began.
Modi is lodged in London jail for 7 years
Nirav Modi, 55, since his arrest in London on March 19, 2019 wandsworth prison I am closed. This businessman, who was famous internationally for his big boutiques and luxury lifestyle, is now close to facing Indian law.
What will happen next?
On his return to India, Nirav Modi can be kept in Mumbai’s Arthur Road Jail, where special security and barracks have already been prepared for him. There, a speedy trial will begin against him in the special court of CBI and Enforcement Directorate (ED).