London Court Told of Death Threat as Denies Indian Billionaire Bail

A facade of the Westminster Magistrates court is seen in detail, in London, Britain,on March 20, 2019. Peter Nicholls/Reuters

LONDON—Fugitive billionaire jeweler Nirav Modi was denied bail in a London court on Friday, following his arrest last week on charges over his alleged involvement in a $2 billion fraud at India’s state-run Punjab National Bank.

The 48-year-old, who denies the charges, faces possible extradition to India where Prime Minister Narendra Modi is under pressure to take a firm stance on the case ahead of national elections in April-May. The two Modis are not related.