Financial Crime Financial Crime

Indian billionaire Modi ordered to be extradited over bank fraud case

By Martin Coyle
  • 25 Feb 2021 06:13
  • 25 Feb 2021 06:13
An Indian diamond dealer accused of defrauding Punjab National Bank out of $1 billion has been ordered to be extradited back to India to face criminal charges following a London court ruling today.
Nirav Modi, 49 — who faces allegations brought by India’s government that he conspired in a huge

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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