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Who is Mehul Choksi?
Mehul Choksi is a fugitive Indian businessman and the owner of Gitanjali Group, a retail jewellery firm with 4,000 stores in India. Choksi is currently residing in Antigua and Barbuda where he holds citizenship. Choksi, along with his nephew Nirav Modi, is wanted by Indian authorities in the Punjab National Bank (PNB) scam where it is alleged that the Choksi-Modi duo defrauded the bank of more than Rs 14,000 crore. An arrest warrant has been issued against Choksi and he is wanted in India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, and money laundering.
Early life
PNB scam
When did Mehul Choksi leave India?
What is extradition?
Where is Mehul Choksi right now?
Latest Updates on Mehul Choksi
A Mumbai court has approved the auction of Mehul Choksi's Rs 2,565.9 crore assets, seized by the ED in the PNB fraud case. The assets, including flats and factories, will now be liquidated
Choksi, an accused in the Rs 13,500 crore Punjab National Bank (PNB) scam, is currently living in Antigua in Barbados
In October 2022, Sebi levied a fine of Rs 5 crore on him for indulging in fraudulent trading in the shares of Gitanjali Gems Ltd
he demand notice came after Choksi failed to pay a fine imposed on him by the Securities and Exchange Board of India (Sebi)
CBI in its statement said that it remains committed to returning fugitives and criminals to India to face the process of criminal justice
On the issue of the presence of radical Islamic preacher Zakir Naik in Oman, Bagchi said the ministry did not have any confirmation of his presence in Muscat
Indian fugitive businessman Mehul Chowksi has been removed from the red notice list by International Criminal Police Organization
CBI has asked an Interpol body to restore Red Notice against fugitive diamantaire Mehul Choksi terming its earlier decision to drop his name from the list had "serious shortcomings and mistakes"
Mehul Choksi, accused of committing a Rs 11,356.84 crore loan fraud case with the Punjab National Bank (PNB), was delisted by the Interpol from its 'red' notice list
In a major setback to Indian probe agencies, the Interpol removed fugitive Mehul Choksi, accused of committing a Rs 11,356.84 crore loan fraud case with the PNB, fron its 'red' notice list
Choksi has been scheming to illegally extend the court process in Antigua, by paying bribes to government officials: Kenneth Rijock, a financial crimes investigator
Karad also said that in the last five years, the banks in India have written off loans worth Rs 10.1 trillion
The bank, in its complaint that is now a part of the FIR, has alleged that Choksi and the other accused "were involved in the fudging of accounts, siphoning off funds
Choksi is already facing Income Tax department and ED action
These defaulters have the capacity to repay their loans but choose not to do so, says a report
The CBI has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly cheating a Canara Bank-led consortium to the tune of Rs 55.27 crore, officials said on Thursday.
In reply to Lok Sabha in 2020, SP Shukla said 72 Indians charged with financial irregularities have been living abroad. The list includes names like Nirav Modi, Mehul Choksi and Lalit Modi
ED has filed a supplementary Prevention of Money Laundering Act (PMLA) complaint against fugitive diamantaire Mehul Choksi and others in the Punjab National Bank scam case
ED said that Priti was hand-in-glove with husband Mehul Choksi in getting companies incorporated for him for laundering and siphoning of proceeds of crime and utilising and projecting them untainted
All the proceedings against Choksi of illegal entry into Dominica were dropped on May 20, the spokesperson said.