Thu, Jun 15, 2023
Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of fugitive businessman Mehul Choksi to recover dues totalling Rs 5.35 crore.
Thu, May 18, 2023
Sebi sent a notice to fugitive businessman Mehul Choksi asking him to pay Rs 5.35 crore in a case pertaining to fraudulent trading in the shares of Gitanjali Gems Ltd and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days.
Tue, Jul 13, 2021
Diamantaire Mehul Choksi will "only" return to Dominica to face trial for illegal entry into that country when a doctor "certifies" that he is fit to stand trial, the media there reported citing conditions laid down by the Dominica High Court while granting him bail.
Wed, Jun 23, 2021
India’s Enforcement Directorate (ED) has transferred assets worth Rs 8441.5 cr to public sector banks including the State Bank of India (SBI). These assets were attached by the ED and belong to Vijay Mallya, Nirav Modi and Mehul Choksi
Sat, Jun 12, 2021
India has filed impleadment applications in Dominica High Court, one by Central Bureau of Investigation (CBI) and another by the Ministry of External Affairs (MEA).
In a major setback to fugitive diamantaire Mehul Choksi, Dominica High Court has denied bail saying that he has no ties to Dominica and the court cannot impose any conditions which will assure it that he wouldn`t abscond.
Tue, Jun 08, 2021
Mehul Choksi’s girlfriend Barbara Jarabica has made a big revelation about the fugitive diamantaire. Barbara said that Choksi used to meet her with some other name. She said that Choksi introduced himself as ‘Raj’. WION’s Sidhant Sibal spoke to Jarabica to know in detail what she had to say on her role in alleged abduction of Choksi
Wed, Jun 02, 2021
The former CBI director further told the news agency that if the court found that Choksi was abducted and forcibly taken to Dominica, then he would be deported to Antigua.
Mon, May 31, 2021
Fugitive diamantaire Mehul Choksi has been moved to the government quarantine facility in Dominica, according to sources on Sunday.
Thu, May 27, 2021
Fugitive businessman Mehul Choksi, who had escaped 3 days before Antigua and Barbuda, has been caught in Dominica. Mehul Choksi is an accused in the PNB scam, against which Interpol has also issued a red corner notice.
Sat, Oct 12, 2019
With this, Choksi joins the bank`s band of 27 other defaulters from different fields, based mainly in New Delhi, Punjab and Chandigarh, one in Lucknow, Uttar Pradesh and two in Chennai, Tamil Nadu, against whom it has filed recovery suits.
Fri, Sep 13, 2019
PNB fraud case: After its probe found that Nehal Modi intentionally assisted his brother in concealing the alleged laundering of money and destroying evidence, the ED filed a charge sheet against him before the special PMLA court in Mumbai and the court had issued two separate open ended non bailable warrants against him.
Thu, Jun 27, 2019
The alleged scam was unearthed last year and Purvi Modi was also named as an accused in the ED chargesheet filed before a Mumbai court.
Wed, Mar 27, 2019
In a statement issued by his lawyers, Mehul Choksi said the raids against him were on the basis of "an old and dated 'Know Your Customer' (KYC) document" submitted by him to the Punjab National Bank in 1995.
Sun, Jan 27, 2019
The lack of extradition treaties has made these islands a safe haven for India's uber rich . Other countries such as Grenada, St Lucia and Dominica also have similar citizenship by investment programmes.
Fri, Jan 04, 2019
Mehul Choksi and his nephew Nirav Modi are under probe by both Central Bureau of Investigation (CBI) and ED. The ED filed money laundering cases against them and others on February 15 on the basis of an FIR registered by the CBI.
Fri, Dec 28, 2018
According to a complaint by PNB, the biggest fraud in Indian banking history involved two junior officials at a Mumbai bank branch issuing "letters of undertaking" to firms linked to Modi and Choksi for them to obtain credit from overseas branches of other Indian lenders.
Wed, Dec 26, 2018
First, loans went kaput (broken) and borrowers left the country after defaulting on payments or committing frauds.
Sun, Dec 23, 2018
India Inc found out, much to its embarrassment, this year that it had quite a few who were not playing by the rule book.
Sat, Sep 22, 2018
On Friday, Gitanjali Group owner Mehul Choksi, moved a special CBI court claiming danger to his life after his return to India and sought cancellation of a non-bailable warrant issued against him.
Wed, Sep 12, 2018
Bankers are taking disgraced Gitanjali Gems, promoted by fugitive diamantaire Mehul Choksi, to insolvency resolution under the National Company Law Tribunal (NCLT) after exploring the possibilities of recovering their dues via the Debt Recovery Tribunal, multiple people in know of the development told DNA Money.
Tue, Sep 11, 2018
In a 15-second ANI video, the jeweller said, “All allegations levelled by the ED are false and baseless. They have attached all my properties illegally without there being any basis of the same."
Mon, Sep 10, 2018
This comes days after a separate US examiner probe turned up crucial evidence linking Nirav Modi’s American jewellery firms to the alleged fraud. PNB and the US Trustee both want a US court-appointed examiner to probe, among other things, the nature and extent of any involvement of Samuels Jeweler’s executives in the fraud.
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