A Surat-based PhD scholar bearing same name as the fugitive businessman Mehul Choksi, has successfully completed his PhD thesis on Narendra Modi as the Chief Minister of Gujarat and Prime Minister of India. The Surat student who has a masters in political science took up higher studies at the Veer Narmad South[Read More…]
Tag: Mehul Choksi.
PNB Scam: Mehul Choksi cites ‘poor jail conditions in India’ to avoid returning to country
Punjab National Bank fraud absconder Mehul Choksi has opposed the CBI’s plea to Interpol seeking a red corner notice against him on grounds that “conditions in Indian jails are not good”. Choksi, one of the accused in the Rs 14000 crore PNB scam, has taken a leaf out of another[Read More…]
Mehul Choksi’s passport issued without police verification: Mumbai Police
Mumbai: Mumbai Police on Saturday said the Regional Passport Office (RPO) here had issued a passport to the absconding diamantaire Mehul Choksi, one of the prime accused in the PNB fraud, after granting him a no ‘Police Verification Required (PVR) status. Accordingly, no PVR was generated for the passport, issued[Read More…]
PNB Fraud Case: Mehul Choksi given citizenship after NOC from India, says Antigua
Amid the many controversies over fugitive Mehul Choksi’s Antigua citizenship, the Antigua government had claimed that the government of India had given a clean chit to the diamond businessman Choksi, only after which, the citizenship was granted to him. The Antigua government has said that they were not given any[Read More…]
India Brings Fugitive Economic Offenders at par with Culpable Physical Offenders
The law is considered worthy if it evolves continually with the changing needs of the society. Last few years have seen a surge in the economic wrongdoers fleeing the country and taking refuge in the secure foreign settings. In the given circumstances, what Indian authorities could do was to pursue[Read More…]
PNB Fraud Case: Mehul Choksi claims to be lawful citizen of Antigua
Gitanjali Group of firms owner Mehul Choksi, involved in a Rs 14,000 crore Punjab National Bank (PNB) banking scam in India, confirmed through a legal response on Friday that that he moved to Carribbean nation of Antigua from the US weeks ago using a local passport. Fugitive Choksi claims he[Read More…]
BJP raising Vadra issue to divert attention from Nirav, Lalit, Mallya: Congress
New Delhi: The Congress on Wednesday said BJP was raising the Robert Vadra issue just to divert attention from the questions being raised against the Narendra Modi government over 4Ms — Nirav Modi, Lalit Modi, Vijay Mallya and Mehul Choksi. Days after the I-T Department served notice to Robert Vadra[Read More…]
CBI probing another Rs 5,280 crore loan taken by Choksi and his companies
New Delhi: The CBI is probing another loan of Rs 5,280 crore taken by diamond trader Mehul Choksi and his companies from a consortium of 31 banks led by ICICI Bank, informed sources said. The probe is part of the existing FIR filed against Choksi and his Gitanjali Group of companies,[Read More…]
PNB fraud accused Choksi says impossible to return to India
New Delhi: Gitanjail Group promoter Mehul Choksi, accused of involvement in the Rs 12,600 crore fraud against the Punjab National Bank (PNB), has said it was “impossible” for him to return to India, citing health reasons and suspension of his passport. In a March 7 dated letter emailed to the[Read More…]
Lok Sabha, Rajya Sabha adjourned amid protests against PNB bank fraud
New Delhi: The Lok Sabha and the Rajya Sabha were adjourned on Monday as soon as they met for the second part of the budget session of Parliament amid opposition protests over the Punjab National Bank fraud and special status to Andhra Pradesh. Soon, Parliament House to have a creche[Read More…]
PNB scam: Additional Rs 1,300 cr fraud revealed
Mumbai: The fraud-hit Punjab National Bank (PNB) has reported an additional Rs 1,300 crore unauthorised transactions, taking the estimated quantum to Rs 12,600 crore in the scam related to diamond trader Nirav Modi and owner of Gitanjali Gems, Mehul Choksi. In a 11.22 p.m., late night filing with the stock exchanges[Read More…]
False allegations levelled against me but truth will prevail: Choksi to employees
New Delhi: One of the accused in the $1.8 billion Punjab National Bank (PNB) fraud, Gitanjali Gem’s owner Mehul Choksi has written to a letter to his employees claiming his innocence stating that the company cannot pay the employees their dues at present. “I am constrained to write the present[Read More…]
Who facilitated Mehul Choksi’s escape, Congress asks PM
New Delhi: The Congress on Monday questioned Prime Minister Narendra Modi on as to who facilitated the escape aboard of Punjab National Bank fraud accused Mehul Choksi, who was purportedly declared a proclaimed offender by a Chandigarh court. Congress spokesperson Manish Tewari said: “In this ‘Chhota Modi-Mehul Choksi’ tango, which is[Read More…]
PNB fraud: Ex-Deputy Bank Manager Gokulnath Shetty arrested
New Delhi: The Central Bureau of Investigation (CBI) has arrested Punjab National Bank’s retired Deputy Manager, Gokulnath Shetty and two others in a multi-crore bank fraud case, officials said on Saturday. “CBI has Shetty, Single Window Operator Manoj Kharat and authorised signatory of the Nirav Modi Group of Firms, Hemant[Read More…]