A UK court on Wednesday denied bail to diamond merchant Nirav Modi for the third time even though he offered to furnish security deposit of 2 million pounds and follow strict conditions such as a 24-hour curfew. He will remain in Wandsworth prison in London after the Chief Magistrate at Westminster Magistrates Court on Wednesday refused to grant him bail.
Modi, who is facing an extradition request from India, has been twice denied bail by the Westminster Magistrates Court after his arrest in March.
The next hearing date is May 30, by when the Indian government is expected to furnish more details and evidence of allegations against Nirav Modi.
Hearn of the Crown Prosecution Service representing India said: “60 million dollars of proceeds of crime are still untraceable, investigations are ongoing. He is able to influence witnesses and evidence if bailed. The court cannot have confidence in the assurances cited. He clearly remains a man with access to substantial resources”.
Clare Montgomery’s, lawyer for Modi efforts to refute allegations against Modi were described by the judge as “compelling”. She claimed that the issue arose out of a corporate failure, and told the court that the Enforcement Directorate had already seized Modi’s assets worth more than that lost by PNB: Rs 7664 crore worth of assets allegedly seized against Rs 6498 crore loss to PNB.
Humble Request : If you want to help needy an poor people worldwide then you can choose below ways to help them.
Advertise With Us and Help Needy and Poor People - Advertise with us and help needy and poor people because we use all income from Get Do Help Portal by advertisement or by donation or by any other ways like Google AdSense and other sites will use for help needy and poor people worldwide only. So advertise your website or products to increase your brand popularity and sales and help needy and poor people indirectly.
Register with us as volunteer and register needy people nearby you at Get Do Help portal. You will get credit points for each verified needy people registration at our portal. So you can earn with social work at get do help portal.
Donate things or products like marriage clothes, shoes, book, vehicle, land etc. and we will list those items after received successfully to our portal and needy people can apply to get those products here.
Donate Money means you can donate directly to any needy people registered here or can donate directly to us. We will use all donation to help needy people offline and online. All details will be available at our portal that what amount we use where.
Buy Credits, If you don't want to donate but want to help then you can choose our "Money Back Offer", with this package you will buy credits for at least 6 months or 12 months and after this duration you can apply for your money from your My Account Section and we will pay you with applicable interest (about 1% to 3%). By this way you help us to grow our services more and your money is completely safe with us.
If you are not able to help by money or donate products then share our blog, website, needy people profile to social platform like on Facebook, Twitter, LinkedIn etc. to make us popular worldwide to help needy and poor people worldwide and you will get credits for share also. So you are helping us and needy people to explore more and more worldwide to find donators and you will earn also.
So share your hand with us. And do some social work to help needy people worldwide from one and only one portal Get Do Help.
Related keywords : nirav modi, uk court denies nirav modi bail, nirav modi bail in uk court, nirav modi bail denies third time in uk, pnb scam by nirav modi, punjab national bank scam by nirav modi, get do help news