The 63-year-old former Kingfisher Airlines boss, an avid cricket fan, is wanted in India on fraud and money laundering charges amounting to an alleged Rs 9,000 crores.
Modi appeared for his regular 28-day "call-over" appearance from London's Wandsworth prison at Westminster magistrates' court, where judge Gareth Branston reconfirmed that his extradition trial will begin on May 11 next year and will last five days.
A State Bank of India (SBI)-led consortium that gave loans to fugitive businessman Vijay Mallya on Friday received Rs 5,824.5 crore in its accounts after shares of UBL, earlier attached under the anti-money laundering law, were sold recently, the ED said. Mallya is accused in a multiple banks loan default case of about Rs 9,000 crore. The disputes resolution tribunal (DRT) had sold these shares on June 23 after the Enforcement Directorate had transferred shares worth about Rs 6,624 crore of UBL to the SBI-led consortium on the directions of a special PMLA court that is hearing the case involving Mallya in Mumbai. These shares were attached under the Prevention of Money Laundering Act (PMLA) by the ED, a central probe agency.
Vijay Mallya is accused of money laundering and violating the FEMA.
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. On Monday, the Supreme Court awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case. The apex court also ordered him to deposit $40 million plus interest in four weeks to avoid attachment of his properties.
The central government has already conducted an assessment of security cover given to prisoners in the Arthur Road Jail and its findings conveyed to the UK court.
The UK Home Secretary will have to sign Mallya's extradition order within two months. However, Mallya's defence team has a chance to appeal in higher courts in the UK against the verdict.
The diamantaire's counsel said there is a vigilance manual circular that the consortium can lodge only one FIR. Each consortium member cannot lodge separate FIRs, he said.
Rana, 59, a childhood friend of David Coleman Headley, was recently released from jail on compassionate ground after he told a US court that he has tested positive for the COVID-19.
Tens of thousands of protesters marched through the streets of Hong Kong on Monday on the 22nd anniversary of the territory's return to China from Britain.
The 49-year-old jeweller, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year, appeared via videolink for the remand hearing at Westminster Magistrates' Court in London.
Mallya said, the ED on the one side and the banks on the other are fighting over the same assets.
The don was arrested by the Senegal authorities last year and the India police tried it's best to catch hold of him but failed as a local court there granted him bail.
The UK court, which had been presented with detailed submissions regarding the precarious mental health of Nirav Modi and a family history of depression and suicide during the extradition proceedings, concluded on Thursday that the diamond merchant's state of mind may well benefit from a move from his London prison cell to Barrack 12 at Mumbai Central Prison on Arthur Road. As part of a very comprehensive judgment handed down by District Judge Samuel Goozee at Westminster Magistrates' Court in London in which he found a prima facie case of fraud and money laundering against the 49-year-old diamond merchant, it is noted that Modi's risk of suicide may be high but there is no evidence to point to immediate suicidal intentions. The judgment refers to the expert defence witness who had assessed Modi, forensic psychiatrist Andrew Forrester, to point out that Barrack 12 may well be a positive change from Wandsworth Prison in south-west London where he is being held on judicial remand, with the COVID-19 pandemic playing a "significant role" in the deterioration of his "depressive disorder".
The UK judge who handed down his judgment on Thursday in favour of the extradition of Nirav Modi to face charges of fraud and money laundering in India said he had found no evidence of adverse political influence in the case, as claimed by the diamond merchant's legal team.
The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.
Embattled liquor baron Vijay Mallya, who lost his UK high court appeal against an extradition order to India, has said that he is "disappointed" with the ruling but will continue to seek legal remedies as advised by his legal team. The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly offered to pay the Indian banks the loan amount owed by his now-defunct airline, an offer which the banks have rejected.
Nirav, 48, appeared before the Westminster magistrates' court via videolink from his London prison for a routine "call-over" remand hearing.
A special court here on Friday allowed 'restoration' of properties worth Rs 500 crore of fugitive jeweler Nirav Modi 's firms to Punjab National Bank (PNB). This is the third such order in a span of about two weeks, with the total value of properties owned by Nirav Modi's companies being restored in this manner now standing at approximately Rs 1,000 crore.
China on Thursday played down what appeared to be a tense conversation between President Xi Jinping and Canadian Prime Minister Justin Trudeau on the sidelines of the G20 summit a day earlier, saying the conversation is "candid, normal" and should not be interpreted as criticism or threat.
The New York Times reported that Lai's company Next Digital publishes Apple Daily, a fiercely pro-democracy newspaper that regularly takes on the Hong Kong government and the Chinese leadership.
A globe spanning, 15-year investigation has led to the repatriation of 307 antiquities by the United States that were stolen and trafficked from India and valued at nearly four million dollars, the majority seized from disgraced art dealer Subhash Kapoor.
The Punjab police on Friday claimed to have busted an ISI-backed terror module jointly handled by Canada-based gangster Lakhbir Singh alias Landa and Pakistan-based gangster Harvinder Singh Rinda with the arrest of two of its operatives.
A consortium of Indian public sector banks led by SBI sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a high court hearing in London on Wednesday as part of efforts to recoup around 1.145 billion pounds in unpaid loans. Mallya's legal team, led by barrister Philip Marshall, argued for the bankruptcy petition to be dismissed because their client was being unfairly pursued by the banks in India and the UK on opposing grounds.
Lam is slated to meet with the members of her cabinet and pro-Beijing lawmakers as she faces pressure to withdraw the bill.
In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.
A consortium of banks led by SBI had alleged that Mallya concealed the facts and diverted the money to his son Siddharth Mallya and daughters Leanna Mallya and Tanya Mallya in flagrant violation of the orders passed by the Karnataka HC.
Embattled liquor tycoon Vijay Mallya claimed on Sunday that Prime Minister Narendra Modi's statement in a recent interview confirming the recovery of Rs 14,000 crore worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the Bharatiya Janata Party-led government.
On Monday, however, protestors agreed to move to a space near the legislative council, the government headquarters, which enabled the authorities to reopen the streets for traffic.
Westminster magistrates' court judge Nina Tempia confirmed that Modi's extradition trial is scheduled between May 11 and 15 next year and that he must re-appear via videolink every 28 days for "call-over hearings" until the case management for the trial kicks in from February next year.
The judge also asked the Indian government to provide within 14 days the information on which prison he will be held at.
For months, Hong Kong's streets have seethed with discontent. Scenes show protesters, sometimes numbering in the hundreds of thousands, many wearing surgical masks and carrying umbrellas that have come to signify resistance. The images are astonishing, and the issues that set the protests in motion are complex. Amid these 11 weeks of protests, here's how daily life unfolds.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8
Mahathir Mohamad's statement came a day after the ministry of external affairs said that the extradition request of Naik made by India is under the active consideration of the Malaysian government, as per the media reports.
The Punjab police had sought the red corner notice against Brar on May 30 in connection with two old cases, officials said.
Naik was booked by the Enforcement Directorate in 2016 based on a National Investigation Agency FIR that was registered under the Unlawful Activities Prevention Act.
The Crown Prosecution Service said the hearing for his bail petition will take place on June 11.
District Judge Marie Mallon said there were substantial grounds to believe that Nirav Modi would fail to surrender if granted bail.
Even if the extradition bill has been suspended, Beijing will eventually impose its system on Hong Kong, observes Nitin Pai.
ED is probing Mallya and KFA under anti-money laundering laws in connection with a Rs 900 crore (Rs 9 billion) loan default of IDBI bank
