The court was hearing an extradition appeal of Nirav Modi, who is wanted in India to face charges of fraud & money laundering in the estimated $ 2-billion PNB scam case.
Nirav Modi's extradition would be 'flagrant denial of justice' and should be blocked on mental health ground, say papers prepared by his lawyer for hearing in UK High Court Wednesday.
The UK's Home Department cleared the extradition of fugitive diamantaire Nirav Modi. He has an option of legally challenging it before the UK High Court.
Diageo is seeking a total of USD 175 million from embattled liquor baron Vijay Mallya, whom India is seeking to extradite for fraud and money laundering.
Exports to the UAE, Gulf remittances and shipping are at risk as the Strait of Hormuz is closed. A weaker rupee, and soaring gold liabilities could stoke inflation.
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.
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