Breaking! Nirav Modi arrested
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Less than 48 hours after London's Westminster Court issued an arrest warrant against Nirav Modi, the fugitive was on Wednesday arrested in London.
The criminal will be taken to a London court later today, where extradition proceedings will begin.
The legal process has just begun. It has to be seen how long it will be before Modi is brought back to India. He, along with Vijay Mallya, is much wanted by India's Enforcement Directorate.
Nirav Modi is accused of defrauding the Punjab National Bank of Rs 14000 Cr in collaboration with certain rogue employees of the bank.
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