Nirav Modi owes BOI Rs 100 crore: UK court
Synopsis A London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The judge
Synopsis A London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The judge found Modi liable under a personal guarantee for a loan to his company, rejecting his defenses. Modi, currently in UK custody for a separate fraud case, had acknowledged the crisis jeopardizing his ability to repay dues.
The BriefWire