London, UK: A hearing will be held through video May 24, and the diamantaire will be produced in court in person on May 30.

A court in London on Friday denied bail to fugitive diamond businessman Nirav Modi for the third time, ANI reported. Modi will remain in jail till May 24, the next date of hearing, according to News18.

“Mr Modi, you will be back for another short hearing via video link on May 24, with a full hearing in the case planned for May 30 when you will be produced in person,” Judge Emma Arbuthnot said, according to PTI. She asked Modi’s barrister Jessica Jones if there were any other matters to be considered, and received a negative reply.

Meanwhile, the Enforcement Directorate on Friday said luxury cars belonging to Modi and his uncle, Mehul Choksi, were auctioned for Rs 3.29 crore, PTI reported. The agency had attached the vehicles under the Prevention of Money Laundering Act.

The Enforcement Directorate had in March obtained the permission of a special court in Mumbai to auction 13 cars belonging to Modi and Choksi as part of its inquiry into the bank loan fraud.

“Out of these 13 vehicles, twelve [10 belonging to Modi group and two of Choksi group] were successfully bidded for a total amount of Rs 3,28,94,293,” the agency said in a statement. In March, the Income Tax department had auctioned several art works owned by Modi for Rs 59.37 crore.

Stay tuned for more updates!