The latest decision has been taken after Mehul Choksi failed to pay the fine imposed on him in October 2022 by Sebi in a case pertaining to indulging in fraudulent trading in the shares of Gitanjali Gems Ltd
Mehul Choksi, whose nephew is fugitive diamantaire Nirav Modi, has been living in Antigua and Barbuda since 2018. He is wanted in India in connection to the Rs 13,000 crore PNB fraud.
Following requests from CBI and ED, Interpol had issued a Red Notice against Mehul Choksi in 2018
Both Choksi and his nephew Nirav Modi fled India after the Punjab National Bank scam came to light in early 2018
Aam Aadmi Party(AAP) also raised the Adani issue and asked what action the central probe agency has taken in this matter so far.
Congress President Mallikarjun Kharge criticized the Indian government for the removal of fugitive businessman Mehul Choksi from the Interpol database of Red Notices, alleging that opposition leaders are pursued while...
An amount of Rs 22.40 crores was outstanding in the loan account of Gitanjali Gems when the account was declared as NPA (non-performing asset), which was the wrongful loss to the IFCI and corresponding wrongful gain to the...
Fugitive diamantaire Mehul Choksi, who defaulted on loans worth Rs 7,848 crore, tops the list of India's biggest wilful defaulters
Four years after Choksi's dramatic escape and the failure of the state-run PNB to detect the scam between 2010 and 2018, the bank submitted three complaints to...
The Gujarati diamond magnate had fled India in 2018 before his involvement in the alleged fraud against PNB became public
BJP MP Varun Gandhi questioned the government saying the same Parliament that expects the poor to express thanks at receiving five kilogram grains, also says...
The Central Bureau of Investigation (CBI) has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly duping a consortium of Rs. 55.27...
In December 2021, the parliament was informed that 33 accused in bank fraud cases registered by the Central Bureau of Investigation (CBI) fled the country in...
Solicitor General Tushar Mehta who was appearing for the Centre told the bench that total proceeds of crimes under the Prevention of Money Laundering Act...
Choksi, promoter and managing director of Gitanjali Gems, is the maternal uncle of Nirav Modi, both of whom are facing charges of defrauding state-run Punjab...
