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PNB scam accused Nirav Modi arrested in London

| @indiablooms | Mar 20, 2019, at 03:17 pm

London, Mar 20 (IBNS): Fugitive jeweller Nirav Modi has been arrested in London, media reports said.

The businessman is accused of defrauding banks in India.

He will be produced in a court soon, report said.

Nirav Modi is wanted in India in the Rs 13,600 crore PNB scam.

Modi's arrest can enable the start of a trial at the UK court, which can also decide whether to extradite him to India.

He was staying in London in recent times.

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