Nirav Modi remanded to judicial custody in U.K. until August 22

The fugitive diamond merchant has been in prison since hisarrest in March.

Fugitive diamond merchant Nirav Modi, wanted in India inconnection with the nearly $2 billion Punjab National Bank (PNB) fraud andmoney laundering case, was on Thursday further remanded to judicial custodyuntil August 22. During a short remand hearing at Westminster Magistrates’Court via videolink from Wandsworth prison, the judge extended Modi’s remandtill August 22.

Modi, 48, has been lodged at Wandsworth prison in south-westLondon since his arrest in March. He appeared for the first time since his bailappeal was rejected by the U.K. High Court earlier last month.