Business Standard

'Neither a fugitive nor a bank defaulter': Mehul Choksi

In an exclusive interview with Business Standard, diamantaire Mehul Choksi claims he turned a defaulter only after banks "wrongly implicated" him in the Nirav Modi case and his assets were seized

Mehul Choksi
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Mehul Choksi. (Illustration: Binay Sinha)

Tamal Bandyopadhyay
Fugitive diamantaire Mehul Choksi claims he had planned to leave the country much before the letter of undertaking (LoU) scam at Punjab National Bank broke out in February 2018. In an exclusive and rare interview with Business Standard, conducted over Zoom, Choksi, who has been living in Antigua, also said he turned a defaulter only after banks “wrongly implicated” him in the Nirav Modi case and investigative agencies seized his assets. In an hour-long interview with Tamal Bandyopadhyay, in which he broke into tears twice, Choksi said he wanted to come clean and was ready to be probed by a

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