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Will not be able to pay salaries, Mehul Choksi writes to his employees

Gitanjali Gems promoter Mehul Choksi, who has been named in the Rs. 11,400-crore Punjab National Bank fraud case, has reportedly…

Will not be able to pay salaries, Mehul Choksi writes to his employees

Gitanjali Gems

Gitanjali Gems promoter Mehul Choksi, who has been named in the Rs. 11,400-crore Punjab National Bank fraud case, has reportedly written a letter to his employees stating that it is very tough for him to clear their dues or to pay future salaries “in view of the seizing of the various bank accounts and other properties.”

In a letter released by Choksi’s lawyer Sanjay Abbot, it has been said that the jeweller didn’t do anything wrong.

“I will face my destiny and I know I have done nothing wrong and ultimately the truth shall prevail,” said Choksi in an email.

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“But, I do not want anybody to get even a shadow of adversity or injustice onto the people just because of their association with me. At this moment, the investigating agencies seem to be interested not in a fair investigation but in creating a fear psychosis within my employees. The kind of unfair treatment, unfair investigation, media frenzy and political statements are making me highly insecure about the safety of myself and my family members,” he added.

While Choksi talked about ‘unfair treatment’, another accused in the PNB scam, Nirav Modi had blamed the bank of “destroying his reputation”.

According to the media reports, Choksi also told employees that laptops, mobile phones issued by the organisation can remain with employees until dues were cleared. The letter added that the relieving letters and experience certificates would be issued to the employees when necessary.

Nirav Modi and Choksi had fled the country in January.

The Enforcement Directorate (ED) on Friday investigated around 144 “suspicious companies “associated with both the businessmen.

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