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Reuters

Politics

By Sam Tobin

Billionaire jeweller Nirav Modi loses extradition appeal in UK court

Nirav Modi India United Kingdom

Security guards stand inside a Nirav Modi showroom during a raid by the Enforcement Directorate, a government agency that fights financial crime, in New Delhi, India, February 15, 2018. REUTERS/Adnan Abidi

Fugitive Indian diamond tycoon Nirav Modi faces extradition to India to face charges of fraud and money laundering after a London court dismissed his appeal on Wednesday.

Modi has denied any wrongdoing and his lawyer declined to comment.

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