London/New Delhi: A London court has issued an arrest warrant against fugitive diamantaire Nirav Modi, the main accused in the $2 billion PNB scam case, in response to a request by the Enforcement Directorate for his extradition in a money laundering case, officials said on Monday.
They said the investigative agency has been recently informed about the issuance of the warrant by the Westminster Magistrate Court against Modi and he is expected to be put under formal arrest by the London Metropolitan police soon.
The warrant was issued a few days back and the ED was subsequently informed, they said. Modi, 48, will be subsequently brought before the court to secure bail and the legal proceedings for his extradition will begin thereafter, they said.
Westminster Magistrates’ Court in London has issued an extradition warrant against Modi, making his arrest imminent, according to sources in London involved with the case.
While the UK court and Scotland Yard said they cannot confirm or deny the warrant until an arrest has been executed and an accused has been formally charged, officials aware of the developments confirmed that a warrant was issued last week with authorities in India being made aware on Monday.
“The reason we do not comment on an arrest until it takes place is
Now that a warrant has reportedly been issued, Modi wanted by India in relation to the Rs 13,500-crore Punjab National Bank (PNB) fraud case can choose to voluntarily surrender at a police station or have to be arrested by Metropolitan Police officers charged with executing the warrant.
The business tycoon’s arrest, which could take place within days, would lead to Modi being produced before a District Judge at Westminster Magistrates’ Court in London to be formally charged, following which he is expected to seek bail.
The case will then follow a similar pattern through the UK courts as that of liquor baron Vijay Mallya, who remains on bail since his arrest on an extradition warrant in April 2017 on Rs 9,000 cr fraud and money laundering charges.
The 63-year-old businessman has since filed an application seeking leave to appeal against his extradition ordered by UK home secretary Sajid Javid last month.
Mallya’s case is in
Javid had certified India’s extradition request for Modi earlier this month, triggering the legal process in the courts, kick-started with the issuance of a warrant.
News of the certification of India’s request came just as Modi was tracked down to a three-bedroom flat in the Centre Point tower block of luxury apartments in the West End of London.
He is believed to have arrived in London last year and was able to travel in and out of Britain at least four times since his passport was
The revelation of Modi’s whereabouts in London comes a day after his 30,000 sq ft seaside mansion at Kihim beach in Maharashtra was demolished by authorities using explosives.
During some of his stay in London, he was reportedly also living in the heart of the city above his
Modi, a diamond
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.
Modi has been