Tuesday, 04 March 2025

 

 

LATEST NEWS Randeep Hooda Shares Stunning Wildlife Photos, Advocates Conservation on World Wildlife Day Harjot Singh Bains & Finland Ambassador Launch Teacher Training Program Yudh Nashian Virudh : Big action on illegal property of Drug Smuggler in Bathinda Is Anora Available On OTT? Let’s Explore with 5 Dariya News From Nominees to Winners: The Inside Scoop on the Oscars Academy Awards India and Nepal Sign MoU to Strengthen Cooperation in Water, Sanitation, and Hygiene (WASH) INS Shardul, INS Sujata, and ICGS Veera Arrive in Thailand to Strengthen Maritime Cooperation India and Japan Declare 2025-26 as Year of Science & Technology Exchange Oscar Winning Actress Mikey Madison Net Worth 2025: Unveiling Her Income Sources & Career Highlights Sanjeev Arora Discusses Industrial Concerns with Bhagwant Mann India’s R&D Spending Doubles in a Decade, Driving Innovation in AI, Biotech & Quantum Computing Amit Shah Inaugurates Workshop on Sustainability & Circularity in Dairy Sector Punjab Police Busts Cybercrime Racket: Prime Accused Arrested for Running Fake Mining Department Website Himanshu Jain orders Health Department to promote anti-drug campaign to every village of Distt Rupnagar The LaLiga Showdown: Barcelona Vs Real Madrid Kuldeep Singh Pathania calls on Shiv Pratap Shukla Punjab’s Women Helpline 181: A Lifeline for Women in Distress Mohali Police Cracks Down On Drug Traffickers Under Special Campaign 'War Against Drugs' Narendra Modi Chairs 7th National Board for Wildlife Meeting at Gir Abu Dhabi Department of Energy Rolls Out Phase Two of LPG Safety Campaign Farmers can report crop damage on toll-free number : Shyam Singh Rana

 

PNB fraud: Choksi cites risk to life, moves court

Web Admin

Web Admin

5 Dariya News

Mumbai , 22 Mar 2019

One of the key accused in the PNB fraud case, Mehul Choksi, on Friday moved a fresh application in a special Prevention of Money Laundering Act (PMLA) court in Mumbai seeking cancellation of a non-bailable warrant against him.His application came three days after his nephew Nirav Modi, another key accused in the Rs 13,500-crore Punjab National Bank loan default case, was arrested in London.In his application, Choksi, who had fled India in January 2018 months before the scam surfaced, has cited ailment and risk to his life. Choksi's lawyer Sanjay Abbot in the application said the jeweller has a long history of heart ailments and a blood clot in the brain.He also mentioned in the application about Choksi's apprehension over his safety.On May 22, 2018, after taking cognisance of the second chargesheet filed in the PNB case by the Central Bureau of Investigation (CBI), the special court had issued the non-bailable warrant against Choksi, owner of Gitanjali Group.His move comes two days after the investigation agencies said that Choksi's extradition process has begun in Antigua where he has taken citizenship.

The court has adjourned the matter for April 9 for arguments.Choksi's counsel submitted his detailed medical history citing his ailments constraining him from travelling and hence leading to his inability to return to India.His counsel also placed 38 documents on record, including a latest prescriptions in which doctors recommend that Choksi should remain under continuous medical supervision in Antigua and should avoid travelling as his medical condition may deteriorate.Choksi, along with his nephew and diamantaire Nirav Modi are accused of colluding with bankers to secure credit from overseas banks using fraudulent guarantees. Both have denied the allegations and have moved abroad.Nirav Modi was taken into custody in London on March 19.However, Choksi had secured a passport from Antigua and Barbuda, where wealthy foreigners can become citizens in exchange for investing in the country. He was granted citizenship on January 15, 2018.He then deposited his cancelled Indian Passport No. Z3396732 and a mandatory fee of $177 for other formalities.

 

Tags: Scam , Crime News India

 

 

related news

 

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2025 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD