CBI books Anil Ambani in ₹1,085 crore PNB loan fraud case
According to the FIR, Ambani and former officials of Reliance Communications allegedly defrauded PNB of ₹1,085 crore between 2013 and 2017.
According to the FIR, Ambani and former officials of Reliance Communications allegedly defrauded PNB of ₹1,085 crore between 2013 and 2017.
India has assured Belgium that fugitive businessman Mehul Choksi, wanted in the PNB bank fraud case, will be detained in humane conditions at Mumbai’s Arthur Road Jail if extradited. The MHA’s letter details medical, legal, and custodial safeguards to meet international human rights standards.
Mehul Choksi along with his nephew Nirav Modi are the accused in the Rs 13,500 crore Punjab and National Bank fraud case. Choksi fled the country and was granted citizenship by Antigua and Barbuda on January 15, 2018.
The ED action comes months after it filed a supplementary chargesheet against Nirav Modi's wife Ami Modi, for being the beneficiary of alleged purchase of two apartments at Central Park in New York.
Choksi, in a bid to avoid extradition to India, had earlier this year, surrendered his passport to the Indian High Commission in Antigua.
“We remain committed to bringing economic offenders back to India,” the spokesperson added.
A team from India was sent to Antigua a few days ago to pursue the authorities there to extradite Choksi, an accused in the alleged PNB fraud case.
Choksi, now a prime accused in the alleged Punjab National Bank (PNB) fraud case, obtained passport under the 'Tatkal' category after the Regional Passport Office (RPO) in Mumbai granted him “No Police Verification Required” status in 2015.
Last week, it came to light that Mehul Choksi had acquired citizenship of Antigua even before the USD 2 billion Punjab National Bank fraud was unearthed.
The IT Department has decided to re-assess the tax returns of over 50 high net-worth individuals who purchased jewellery from diamantaire Nirav Modi.
