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ED has handed over four flats in Borivli East linked to money laundering accused Mehul Choksi to the liquidator to proceed with monetisation for the benefit of victims, secured creditors and other legitimate claimants, the agency said. The flats had been attached in the PNB loan fraud case. So far, properties in Mumbai, Kolkata and…
MUMBAI: In a step towards liquidation of Gitanjali Gems Ltd, the company at the centre of the Rs 23,000 crore Punjab National Bank fraud case involving Nirav Modi and his uncle Mehul Choksi, a special PMLA court allowed the company’s liquidator to proceed with valuation and subsequent auction of 13 unsecured properties valued over Rs…
NEW DELHI: Fugitive diamantaire Mehul Choksi, wanted in bank fraud cases worth Rs 13,000 crore, is set to be lodged at Arthur Road jail in Mumbai upon his extradition from Belgium. But unlike conventional grim prison cells, the barrack awaiting him is more akin to a boutique hotel suite, India has told the Belgian court….
NEW DELHI: Behind the cold steel bars, a surprisingly plush interior awaits one of India’s most wanted fugitives. Photographs presented by India to Belgium to secure Mehul Choksi’s extradition reveal a dwelling place that’s more akin to a boutique hotel room than a jail cell. The gleaming bathroom and tiled area are a far cry…
Belgium’s Antwerp Court of Appeal has ruled that fugitive diamond trader Mehul Choksi is extraditable to India, rejecting his claims of political persecution and ensuring he faces trial in the Punjab National Bank (PNB) fraud case.ANI reported that the court confirmed the offences attributed to Choksi are punishable under both Indian and Belgian law, fulfilling…
