Fugitive diamond merchant Nirav Modi arrested in London for PNB fraud case
Nirav Modi has been accused of 13,000-crore Punjab National Bank scam. On Tuesday after a yearlong chase, he has been arrested in London. The Enforcement Directorate officers who are investigating the case said that he has been arrested from a metro station Holborn in central London. Within a few hours, he has been produced in the Metropolitan Magistrate’s court. There he had offered half-million pounds as a bail bond but the court rejected it. The court decided that he will be in jail till 29the March when the next hearing…
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