Nirav Modi Signals “Sensational Developments”
Fugitive businessman Nirav Modi, held in a UK prison for more than six years, told a London court that “sensational developments” are expected in his ongoing extradition proceedings to India. He made the remark during a separate hearing over an unpaid debt exceeding USD 8 million.
Wanted in PNB Scam
Nirav Modi is wanted by Indian agencies in connection with the multi-billion-dollar Punjab National Bank fraud case. He has repeatedly contested India’s extradition request, citing various legal and human rights grounds.
Extradition Proceedings Continue
The next phase of Modi’s extradition hearings is scheduled to resume next month in London. His statement has sparked speculation that new evidence or legal arguments could emerge that may alter the case’s direction.
Possible Legal Twists Ahead
While Modi’s legal team did not explain what the developments might be, experts suggest they could involve India’s assurances on prison conditions or procedural challenges in the UK system. The court has earlier referred to unspecified “confidential impediments” delaying the extradition.
