Punjab National Bank scam accused and fugitive diamond businessman Mehul Choksi is missing. Choksi has gone missing in Antigua and the police are searching for him. Choksi’s lawyer Vijay Aggarwal has informed about this. Choksi has sought refuge in Antigua as a citizen and has been living there for the past several years.
Local reports in Antigua said that the vigil Monday left home for dinner at a famous restaurant in the southern part of the island and was not seen again.
‘Mehul Choksi is missing. His family members are worried and called me for a conversation. The Antigua Police is investigating. The family is worried about their safety. ‘
Choksi had been living in Antigua since absconding from India in 2018.
Accused of Rs 13,500 crore scam
Mehul Choksi and his nephew Nirav Modi are accused of a Rs 13,500 crore scam in Punjab National Bank and also absconding from the country. Mehul Choksi, the owner of the Gitanjali Group, had illegally made money and made property worth thousands of crores. After the fraud case came to light from PNB Bank, the ED attached 41 properties of Choksi, which is worth Rs 1210 crore. These include 15 flats of Choksi, 17 offices, a mall, a four-acre farmhouse, and in addition hundreds of acres of land in Maharashtra.
Between 2011 and 2018, thousands of crores of rupees were transferred to foreign accounts through fake letter of undertaking (LoUs). Nirav Modi’s maternal uncle Mehul Choksi used to run the Gitanjali Group. Fraud cases are registered against three companies of the group, Gitanjali Gems, Gili India and Nakshatra.
Mehul Choksi has been declared wanted by the CBI and the Enforcement Directorate (ED).
On the matter of bringing India back, in March this year, Finance Minister Nirmala Sitharaman claimed that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi were coming back to India to face the law. Sitharaman said this while replying to a debate in the Rajya Sabha on the Insurance Amendment Bill.