Overview

• Nirav Modi, accused of orchestrating a Rs 6,498.20 crore Punjab National Bank fraud, has been denied bail for the 10th time by the UK High Court.
• Judge Michael Fordham ruled that Modi remains a substantial flight risk, despite his claims of threats to his life from the Indian government.
• Modi's extradition to India has already been approved by UK courts, but confidential legal arguments are delaying his surrender to Indian authorities.
• Indian agencies, including the CBI and Enforcement Directorate, continue to collaborate with UK authorities to ensure Modi faces trial in India.
• Parallel extradition efforts are underway for Modi's uncle, Mehul Choksi, who was arrested in Belgium last month in connection with the same fraud case.