The London court’s move is considered as a significant step towards Nirav Modi’s extradition from the United Kingdom, which India’s Enforcement Directorate has request from the country. The fugitive businessman is accused of defrauding Punjab National Bank of ₹13,000 crore.
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Fugitive businessman Vijay Mallya stirred a storm when he said that he had “met the finance minister” before leaving India in 2016. Mallya’s claim kicked a political row in India with the opposition demanding a response from the BJP government.
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