Connect with us

News

Nirav Modi denied bail in London court, to stay in jail till March 29

Published

on

Fugitive diamantaire Nirav Modi was arrested and denied bail at the Westminster Magistrates Court on Wednesday, setting off another high-profile extradition trial involving large-scale financial irregularities in India, three months after that of businessman Vijay Mallya.

Modi, 48, was arrested by Scotland Yard in the central London area of Holborn on Tuesday on India’s extradition request made in August 2018. He is wanted in India to face allegations of defrauding the Punjab National Bank (PNB) of over Rs 14,000 crore, among other charges.

Modi declared in court his intention to contest the extradition request and offered to pay 500,000 pounds as security deposit for bail. But this was denied due to what the judge called the “high value of amount involved in the allegations” and the likelihood of Modi escaping. He will remain in custody until the next hearing on March 29.

“I have substantial grounds to believe that you may not surrender”, judge Marie Mallon told him.

The trial will be held in the magistrates court over several months, possibly extending more than a year, as it did in the case of Mallya. He was arrested and bailed on April 18, 2017 and the court pronounced its judgement, ordering his extradition, on December 10, 2018.

Scotland Yard said in a statement before Modi was produced in court: “Nirav Deepak Modi, 48 (Date of Birth 24.02.71), was arrested on behalf of the Indian Authorities on Tuesday, 19 March, in Holborn”.

Modi is reported to have sought asylum, but UK officials following a long-standing policy do not confirm or deny an individual’s application. Legal experts say that his arrest suggests that the application, if made, would have been rejected, since granting asylum to a person facing fraud charges in India would be an abuse of process.

Both Modi and Mallya extradition cases relate to loans worth thousands of crores of rupees secured from Indian banks; from a consortium of banks that includes IDBI and SBI in the Mallya case, and the Mumbai branch of the PNB in Modi’s case.

However, there are key differences in the nature of charges of financial impropriety. Mallya’s main contention was that there is no prima facie case against him, since the inability of his Kingfisher Airlines to return loans, according to him, was due to a genuine business failure.

The case was described by the judge as ‘a jigsaw puzzle’, while Mark Summers, lawyer representing India, accused Mallya of ‘three chapters of dishonesty’: misrepresentations made to banks to secure loans, what was done with the loans secured, and what he and his companies did when banks recalled the loans.

After over a year of hearings involving thousands of pages of documents and witnesses, chief judge Emma Arbuthnot in December 2018 upheld India’s case that there is a prima facie case for him to answer in India, dismissing other grounds such as risk to human rights in jail and abuse of process.

In contrast, Modi’s case may be decided over a shorter time-frame, given the different, seemingly clearer charges of impropriety and fraud against him, his family and others, including some PNB officials, as outlined in CBI’s chargesheet filed in Indian courts.

Under the India-UK extradition treaty, the person requested needs to be charged with an offence that amounts to an offence in both countries (the principle of dual criminality). Modi’s arrest implies that the court is satisfied that there are reasonable grounds to believe that the conduct described in India’s request is an extradition offence, including the requirement for dual criminality.

As in the Mallya case, Modi’s defence team is likely to raise issues in court to prevent his extradition, such as risk to his human rights in Indian jails, political persecution and alleged infirmities in the Indian judicial system that prevent delivery of justice.

India successfully countered such claims in the court with documentary and visual evidence in the Mallya case, including a sovereign assurance from the Union home ministry that there would be no risk to his human rights.

India’s charges against Modi, as provided to Interpol, are: ‘punishment of criminal conspiracy, criminal breach of trust by public servant, or by banker merchant or agent, cheating and dishonestly inducing delivery of property, prevention of corruption act, money laundering’.

As in the Mallya case, CBI and Enforcement Directorate officials are likely to travel from India to attend hearings in the Modi case. Officials closely associated with the Mallya case say it was a ‘learning exercise’ for ministries, CBI and others, when, for the first time, there was ‘joined-up thinking’ and attention to detail in New Delhi and London; a similar focus is likely in the Modi case.

While Modi’s case begins the first legal stage in the magistrates court, Mallya’s case has progressed from the magistrates court (ordering his extradition) to the home secretary (also ordering his extradition), and is now in the appeals court, where a judge will consider his application challenging the home secretary’s order.

Until focus on the Mallya case prompted renewed attention to improve the quality of Indian evidence and paperwork, previous extradition cases used to be accompanied by bundles of poorly written FIRs and documents, many hand-written, resulting in a catalogue of failures since the India-UK extradition treaty of 1993.

Source

News

Pleasant weather in Delhi, it will rain for the next two days.

Published

on

Representative Image | Source: NDTV

The weather pattern is changing in Delhi. The weather in the national capital has been pleasant since morning today (Wednesday). The wind is blowing between the movement of clouds, due to which the temperature has come down. According to the Meteorological Department (IMD), it will be partly cloudy in Delhi today i.e. on September 14. Also, there may be light rain or drizzle with winds at some places.

After the rains on Monday in Delhi, there was a slight drop in the temperature on Tuesday and people got a slight respite from the sultry heat. Meanwhile, the Meteorological Department (IMD) has predicted a change in the weather and light rain in Delhi-NCR from today i.e. Wednesday.

According to the forecast of the Meteorological Department, there may be light rain in Delhi for the next two days from today. It will be cloudy and winds will blow at a speed of 30 to 40 kilometers per hour. In Delhi today, September 14, the minimum temperature may be 26 degree Celsius while the maximum temperature may remain 34 degree Celsius.

Source: Aajtak

Continue Reading

News

Make Noida part of Delhi, AAP leader writes open letter to PM Modi

Published

on

Image Credit: Wikimedia

Aam Aadmi Party’s Gautam Buddh Nagar region president Bhupendra Singh Jadaun has composed an open letter to Prime Minister Narendra Modi requesting the incorporation of Noida inside the province of Delhi.

In the open letter dated September 12, posted from Jadaun’s twitter account, he has requested that Chief Minister of Delhi Arvind Kejriwal has been giving essential conveniences, for example, water, power, schooling, wellbeing, and transport to individuals of Delhi, which the occupants of Gautam Buddh Nagar locale (Noida) have been denied of. “Very much like Delhi, individuals of Gautam Buddh Nagar ought to likewise have the option to get free power, good education, the advantages of Farishte scheme; the ladies inhabitants ought to have the option free transportation; senior residents ready to go on pilgrimage free of charge; and they are not made to go around different offices to get their Aadhaar card, ration card or driving permit,” the letter peruses.

Jadaun has expressed that the occupants of Noida ought to likewise get the option to choose their delegates in the neighborhood enterprises, very much like it occurs in Delhi. Further, the occupants living in metropolitan and country regions in the area ought to get the possession freedoms of their territory, while the people who live in alleged unlawful provinces ought to likewise get proprietorship privileges alongside essential conveniences like in Delhi, he said.

Source: IndianExpress

Continue Reading

News

New rule on free electricity in Delhi, subsidy will not be available without applying from today, CM Kejriwal announced

Published

on

Image Credits: Hindustan Times

Delhi Chief Minister Arvind Kejriwal has made a big announcement. Now only those people will get electricity subsidy in Delhi, who will apply for it. The applications for this will start from today itself.

Delhi CM Arvind Kejriwal said that some people do not want to take free electricity. In such a situation, now only those people in Delhi will get electricity subsidy who will apply for it.

Form to be filled

A form will come along with the electricity bill. The form has to be submitted to the electricity bill center. He said that we are issuing a number (7011311111). A missed call has to be made on this number. A message will come on a missed call. There will be a link in it. Which will open the form on WhatsApp. Messages will also be sent to those whose mobile numbers are registered. The number of people who will fill the form on 31 October. They will get the benefit of the scheme. On filling the form in the next month, the bill of the previous month will have to be submitted. He said that his government would run door-to-door awareness campaign regarding this.

The facility will be applicable from October 1

Arvind Kejriwal said, earlier there used to be a lot of electricity in Delhi. We fixed it. Now electricity is available 24 hours. Electricity is available free of cost in Delhi. The money saved by stopping corruption is giving convenience to the people. He told that there are 58 lakh consumers of electricity in Delhi, out of which 30 lakh electricity bills come to zero. Half the bills of 17 lakh consumers come. We will give subsidy to those who ask for subsidy. This facility will be applicable from 1st October.

Source: Aajtak

 

Continue Reading

Newsletters

Enter your email address to get latest updates

Advertisement

Trending

Copyright © 2018 - 2022 Delhi Wire.