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PNB scam: London court rejects Nirav Modi’s bail plea for the fourth time

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Nirav Modi

[vc_row][vc_column][vc_column_text]A London court today (Wednesday, June 12) rejected bail plea of fugitive diamond merchant Nirav Modi wanted in India in connection with the Rs 14,000 crore Punjab National Bank (PNB) scam.

This was Nirav’s fourth attempt to seek bail.

Nirav, wanted in India on fraud and money laundering charges, had on May 31 applied for bail in the UK high court, after a British court extended his remand till June 27.

The judge in the high court of England and Wales said there are substantial grounds to believe he will fail to surrender and interfere with witnesses.

According to media reports, the court citedalleged interference with witnesses, which happened in Cairo, then alleged destruction of server in Dubai and also destruction of mobile phones belonging to the dummy directors, which reportedly took place in 2018.

The court also noted the rise in bail surety, starting at 500,000 pounds and ending up at 2 million pounds, in previous hearings which apparently suggested that the accused “has the means to abscond”.

The UK’s Crown Prosecution Service (CPS) is representing the Indian government in the extradition case and the hearing of Nirav’s bail plea took place at the Royal Courts of Justice in London on June 11.

The judge concluded the hearing and stated that as the matter of “some importance”, the verdict was to be given on June 12.

The next stage is a routine remand hearing on June 27 in the Westminster Magistrates Court, which will be another occasion to extend it for further 28 days. The next hearing in the extradition case in the same court is due on July 29.

Nirav was arrested by Scotland Yard officers in London on March 19 and faces extradition to India as the “principal beneficiary” of the fraudulent issuance of letters of undertaking (LoUs) as part of a conspiracy to defraud the PNB and then laundering the money.

The 48-year-old has been lodged at Wandsworth prison in south-west London since his arrest.

Nirav and his uncle Mehul Choksi, another accused in this case, had left the country in January last year, much before the country’s biggest-ever scam was unearthed.

Earlier, a UK court had directed the Indian government to confirm which prison Nirav is to be held in if he were to be extradited to India.

In response, a top Indian official stated on Tuesday that authorities at the Arthur Road jail here have kept ‘barrack no. 12’ ready if fugitive diamond merchant Nirav is extradited from the UK.

The prison department also assured that Nirav will be kept in a cell where the number of other detainees is not more than three, the official added.[/vc_column_text][/vc_column][/vc_row]

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Gujarat Jain couple donate Rs 200 crore wealth, renounce world

The Bhandari couple was accompanied by 35 individuals in February and led a 4 km procession during which they donated all their belongings, from mobile phones to air conditioners.

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A Gujarat-based businessman and his wife have donated their lifetime earnings of Rs 200 crore and have taken the decision to renounce all materialistic desires to become Jain monks. In February this year, Bhavesh Bhandari and his wife donated all their wealth during a ceremony. The Bhandari family, which hails from Himmatnagar, has been in the construction business. The family decided to follow in the footsteps of their 16-year-old son and 19-year-old daughter, who adopted monkhood in 2022.

Bhavesh Bhandari, who belongs to a Jain family, had been a part of construction business in Ahmedabad and Sabarkantha and was accustomed to a life of luxury and prosperity from a young age. The Bhandari couple was accompanied by 35 individuals in February and led a 4 km procession during which they donated all their belongings, from mobile phones to air conditioners. A short video clip from the event shows the couple wearing regal attire on top of a chariot and making donations. Adorned in rich attire and jewellery, they stood atop a truck adorned to resemble a chariot, tossing garments and banknotes to the people standing below,

After the couple made their pledge on April 22 to adopt monkhood, the couple is going to break all familial relations and renounce any material possessions and desires. Afterwards, they will begin a barefoot journey across India and will sustain themselves solely on alms.

According to reports the couple will be allowed to own two white garments, an alms bowl, and a rajoharan, a white broom used by Jain monks to clear insects from an area before sitting — a symbol of the non-violent path which they follow. In a similar incident in January, the 8-year-old daughter of a Gujarati diamond merchant renounced material comforts and worldly desires to embrace monkhood. Devanshi Sanghv had participated in a grand procession with camels, elephants, horses and great fanfare before embracing a life of monkhood.

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2024 Lok Sabha Elections

Lok Sabha elections 2024: BJP releases 12th list of candidates, Udayanraje Bhonsle to contest from Satara

The BJP on Tuesday released its 12th list of seven candidates for the upcoming Lok Sabha elections

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The 12th list of seven candidates for the Lok Sabha elections, which are scheduled to start on Friday, was announced by the BJP on Tuesday. Among the seven candidates is Chhatrapati Udayanraje Bhosale, the 13th descendant of Chhatrapati Shivaji Maharaj, who will contest from Satara, Maharashtra, and Abhijit Das Bobby, who represents Diamond Harbour in West Bengal.

The current MP for the Trinamool Congress, Abhishek Banerjee, has been paired against Abhijit Das Bobby, who contested unsuccessfully for the Diamond Harbour seat in the general elections of 2009 and 2014.

Abhishek Banerjee won in the 2014 Lok Sabha elections with 40.31 percent of the vote, while Abhijit Das secured 15.92 percent of the vote to finish third. Dr. Abul Hasnat of CPI(M), who received 34.66% of the vote, came in second.

With 7,91,127 votes, the leader of the Trinamool Congress party was able to hold onto the seat in 2019. Nilanjan Roy of the BJP received 4,70,533 votes, while Fuad Halim of the CPI(M) secured third place with 93,941 votes.

The 13th descendant of Chhatrapati Shivaji Maharaj, Chhatrapati Udayanraje Bhosale, is another prominent figure on the list. He is contesting for the Satara Lok Sabha constituency in Maharashtra as a member of the BJP.

In the 2019 by-election, Bhosale—a former leader of the NCP who joined the BJP in 2022—lost the seat. There has been a back-and-forth in the seat on the Lok Sabha election candidate between the BJP and NCP.

Shashikant Shinde has received his ticket from the NCP (SP).

Shashank Mani Tripathi from Deoria and Thakur Vishwadeep Singh from Firozabad are the final candidates on the BJP’s 12th list.

In Uttar Pradesh, there are two seats.

Meanwhile, Union Minister Som Prakash’s wife Anita Som Prakash, who is a resident of Punjab, will contest for the Hoshiarpur seat in lieu of her husband.

Manjeet Singh Manna Miawind from Khadoor Sahib and Parampal Kaur Sidhu from Bathinda are the other two candidates, both of whom are from Punjab.

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2024 Lok Sabha Elections

Prime Minister Narendra Modi says RJD is responsible for destroying Bihar, slams Lalu’s party over various corruption cases

The prime minister made a scathing attack at the opposition and said Ghamandia Gathbandhan has no vision or trust. He said when INDIA bloc alliance goes out asking for votes, then they do so on the basis of the work done by Bihar Chief Minister Nitish Kumar.

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Prime Minister Narendra Modi on Tuesday said that India and Bihar are moving forward to return to their ancient glory and added the upcoming Lok Sabha elections is an election to take a resolve for developed India and developed Bihar. PM Modi was addressing an election rally in Bihar’s Gaya, where he said that the public support that has gathered on the land of Gaya clearly shows enthusiasm of the people once again for the Modi government.

The prime minister spoke on BJP’s manifesto for the upcoming Lok Sabha elections and said that it is for the first time that a Sankalp Patra of any party is being called a guarantee card as in the last 10 years, people have seen Modi’s guarantee for fulfillment of a guarantee.

PM Modi said for the next five years, Modi’s guarantee card has been updated. He promised 3 crore houses will be made for the poor, the poor will get free ration for the next 5 years and those above 70 years of age will receive free treatment upto Rs 5 lakhs He said the PM-Kisan Samman Nidhi yojana will be continued and all of these are Modi’s guarantees.

The prime minister made a scathing attack at the opposition and said Ghamandia Gathbandhan has no vision or trust. He said when INDIA bloc alliance goes out asking for votes, then they do so on the basis of the work done by Bihar Chief Minister Nitish Kumar. PM Modi said the people of Bihar know why they try and take credit for the work done by Nitish and the central government.

The prime minister said RJD is responsible for destroying Bihar and slammed Lalu’s party over various corruption cases including land for jobs scam, fodder scam. Speaking about BJP’s manifesto PM Modi said, there is a roadmap for every section and sector of the society.

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