The Central Bureau of Investigation (CBI) said that the Nirav Modi’s petition to reopen his extradition case has been rejected by the High Court of Justice, London. The order was issued on 25 March 2026. The court refused to reopen the case. It said that the reasons given by Nirav Modi were not strong or exceptional enough to allow reopening of the proceedings.
Nirav Modi had filed the petition based on the Bhandari judgment. He argued that he may face ill-treatment in India. He also said that the assurances given by Indian authorities are not enough to protect his rights.
However, the CBI strongly opposed this request. A special CBI team, including officers, travelled to London for the hearing and supported the case. The Crown Prosecution Service also argued the case effectively. The court accepted the arguments presented by the prosecution and the CBI. It rejected Nirav Modi’s request to reopen the case.
Background of the Case
The CBI is seeking Nirav Modi’s extradition in connection with the Punjab National Bank (PNB) fraud case. The case involves financial fraud of about ₹6,498.20 crore.
💰 Nirav Modi PNB Scam Explained
📌 What is the scam?
Nirav Modi cheated Punjab National Bank using fake bank guarantees (LoUs) to take loans.
💸 Fraud Amount
The total scam was around ₹13,000–14,000 crore, one of India’s biggest banking frauds.
⚙️ How it happened
Bank officials helped issue fake LoUs and transactions were not recorded properly.
🚨 After the scam
Nirav Modi fled India and was later arrested in the UK. Legal process is still ongoing.
📊 Impact
The scam reduced trust in banks and led to stricter banking rules.
The case has been ongoing since 2018. Nirav Modi was arrested in the UK in March 2019. UK courts had already approved his extradition earlier and his previous appeals were also rejected. He requested the courts in UK not to send him back to India as he might face ill-treatment.
The Government of India assured the courts in UK that the authorities would take care of Nirav Modi and no ill-treatment would be done out to him.
Nirav Modi has been in a UK prison since 19 March 2019. The Government of India is trying to bring him back to India but he has filed a plea in the courts in the UK not to send him back to India.
More details will be provided soon.
