Fugitive India businessman Nirav Modi has lost his appeal to take his fight against extradition to the UK Supreme Court. The 51-year-old businessman now has very limited options to prevent being extradited to India, where he is wanted for allegedly cheating a government bank to the tune of over Rs 11,000 crore.
The diamond magnate, who is originally from Gujarat, had fled India in 2018 before details of his involvement in the fraud against Punjab National Bank (PNB) became public. Since his arrest in the UK in March 2019, he has been housed at a category-B men’s prison in Wandsworth, London.