Gitanjali Gems was a partner for Vibrant Gujarat Summit 2017: Congress

Congress accuses Gujarat police of inaction when Nirav Modi and Choksi duped people of Rs 50 billion

The Congress party on Friday alleged the bank fraud involving jewellers Nirav Modi and Mehul Choksi not only syphoned Rs 213 billion from public sector banks, but also cheated India's middle class of Rs 50 billion.

Gujarat Congress leader and national spokesperson Shaktisinh Gohil said Mehul Choksi owned Gitanjali Gems Limited had floated three jewellery investment schemes — Shagun, Swarna Mangal Labh (SML) and Swarna Mangal Kalash (SMK).

He said under these schemes people seeking to buy jewellery were given an attractive option to earn a return on investment. People needed to pay 11 instalments, while the Gitanjali Group promised to pay