UK court rejects bail application of Nirav Modi, next hearing April 26

A UK court rejected Nirav Modi's second bail application on Friday, saying there are "substantial grounds" to believe the fugitive diamantaire will fail to surrender. The hearing marks the beginning of case management as part of extradition proceedings.

Looking more dishevelled and dressed in a similar white shirt as his first court appearance last week, the 48-year-old was brought to the dock to be produced before Westminster Magistrates Court Chief Magistrate Emma Arbuthnot and sat behind a glass enclosure as the hearing got underway.

Modi, 48, is the subject of an extradition request by India, where he is accused of major financial irregularities running into thousands of crores linked to the Punjab National Bank. Looking more dishevelled and dressed in a similar white shirt as his first court appearance last week, the 48-year-old was brought to the dock to be produced before Westminster Magistrates Court Chief Magistrate Emma Arbuthnot and sat behind a glass enclosure as the hearing got underway.