nirav modi net worth, once the owner of crores, today fugitive nirav modi is dependent on every penny, living life on loan in jail

nirav modi net worth, once the owner of crores, today fugitive nirav modi is dependent on every penny, living life on loan in jail

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New Delhi: Diamond merchant Nirav Modi, who once lived a luxurious life, has become a money-grubber today. Fugitive diamond trader Nirav Modi’s life is being spent on credit. The situation is such that he does not have the money to pay the fine. Nirav Modi has to pay £150,247 i.e. Rs 1.47 crore for his extradition appeal, but till now he has not been able to pay the cost for his extradition appeal. According to the Times of India news, Nirav Modi appeared before the Barkingside Magistrate Court on 10 March via video call from HMP Wandsworth. Where he was questioned about not being able to pay the fine amount.

Nirav Modi appeared in this muscle without a lawyer and kept his side on his own. The court had directed him to pay £150,247 to appeal against extradition, which he could not do. The deadline of 28 days is over. Nirav Modi had appealed before the court that he should be allowed to deposit ten thousand pounds in a month. However his appeal was rejected.


could not pay the fine

Nirav Modi could not pay the fine amount. Explaining the reason in front of the court, he said that all my property has been confiscated. He told that he does not even have enough property to pay his legal fees. He said that I cannot pay the fine and now I am ready to stay in jail. He said that I am in jail because I could not pay the extradition fee due to financial constraints. Nirav Modi needs 10 thousand pounds to pay the fine, but till now he has not been able to pay it. Nirav Modi said in front of the court that he has been running his expenses on loan for two years. I have to meet my expenses by taking loans. I don’t have money that’s why I am in jail. He said that my property in India has been confiscated illegally. When the court asked why he did not protest when the property was seized illegally. Nirav Modi once again repeated the same thing that he will not get justice in India.

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