‘Too depressed to stand trial’

A billionaire diamond dealer to the stars accused of swindling £1.5 billion from a national bank may ‘not ever stand trial’ in India because he is depressed, a court heard today (Mon). Nirav Modi, 49, one of India’s richest men, fled to the UK after allegedly taking part in the country’s biggest-ever fraud on the state-run Punjab National Bank (PNB). Modi was arrested on March 19 last year in Holborn, central London after a Metro bank employee identified him as…