Mehul Choksi Loan Fraud

A special CBI court here on Saturday set aside a magistrate's order taking of cognisance of the chargesheet filed against fugitive diamantaire Mehul Choksi in a loan fraud case amounting to more than Rs 22 crore.

A Dominican court court today denied bail to Mehul Choksi - the fugitive diamond trader wanted over the Rs 13,500 crore loan fraud case in India - for illegally entering into the Caribbean island nation from Antigua.

The Dominican government argued in court on Wednesday that Mehul Choksi -- the fugitive diamond trader wanted over the Rs 14,000 crore loan fraud at the Punjab National Bank -- be deported to India.

Fugitive businessman Mehul Choksi -- wanted in connection with the PNB loan fraud case -- has been captured from Dominica while trying to flee to Cuba, sources have said.

Fugitive businessman Mehul Choksi, wanted in a Rs 13,500 crore loan fraud in Punjab National Bank, has gone missing in Antigua and Barbuda where he has been staying since January 2018, his lawyer and the Royal Police Force of the island nation said.

Mehul Choksi missing: Mehul Choksi - the 62-year-old fugitive diamantaire wanted by the CBI and Enforcement Directorate in connection with Rs 14,000 crore PNB loan fraud case - has gone missing in the Caribbean island nation of Antigua and Barbuda

The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the main accused in the over Rs 13,000 crore Punjab National Bank (PNB) loan fraud case.

Diamantaire Mehul Chinubhai Choksi cheated Punjab & Sind Bank (PSB) of Rs 441 million, the public sector bank revealed on Saturday.

Diamantaire Mehul Choksi, a key accused in the USD 2 billion PNB fraud, claimed on Friday that his company Gitanjali Gems has "trade receivables" of over Rs 8,000 crore, enough to repay his loans.

India is moving ahead with its plan to bring back economic offenders from the West Indies, top government officials said. A long-range Air India Boeing plane has been commissioned to handle this mission. Officers of the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) will fly to the West Indies to bring them, the sources ...

Interim CBI chief M Nageswara Rao, whose appointment has been challenged in the Supreme Court, transferred 20 officials on Monday. Among those shifted out is the investigating officer of the case probing allegations of loan fraud against fugitive jewelers Nirav Modi and Mehul Choksi.

Fugitive jeweller Mehul Choksi has told a court in Mumbai that he cannot travel to India, where he is wanted by investigating agencies for loan fraud, as he cannot bear a 41-hour journey from Antigua because of his poor health.

Whether fugitive tycoon Vijay Mallya will be extradited to India to face fraud investigations is likely to be decided by a court in the UK today. He is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines. He repeated to reporters that he was ready to repay 100 per cent the principle that he owes -- an offer h...

PNB fraud: The price of the large yellow diamond alternately shrank and spiked by about a million dollars as it moved across the globe. The three-carat gem was shipped at least four times between shadowy companies allegedly controlled by Indian billionaire Nirav Modi over about five weeks in 2011, according to a report by a U.S. bankruptcy examiner...

Fugitive businessman Mehul Choksi, wanted in a massive bank loan scam, was considered a "fit and proper candidate" for Antigua citizenship after Indian government agencies cleared him last year and said there was "no adverse information" against him, says a statement from the Caribbean nation.

A special CBI court here on Saturday set aside a magistrate's order taking of cognisance of the chargesheet filed against fugitive diamantaire Mehul Choksi in a loan fraud case amounting to more than Rs 22 crore.

A Dominican court court today denied bail to Mehul Choksi - the fugitive diamond trader wanted over the Rs 13,500 crore loan fraud case in India - for illegally entering into the Caribbean island nation from Antigua.

The Dominican government argued in court on Wednesday that Mehul Choksi -- the fugitive diamond trader wanted over the Rs 14,000 crore loan fraud at the Punjab National Bank -- be deported to India.

Fugitive businessman Mehul Choksi -- wanted in connection with the PNB loan fraud case -- has been captured from Dominica while trying to flee to Cuba, sources have said.

Fugitive businessman Mehul Choksi, wanted in a Rs 13,500 crore loan fraud in Punjab National Bank, has gone missing in Antigua and Barbuda where he has been staying since January 2018, his lawyer and the Royal Police Force of the island nation said.

Mehul Choksi missing: Mehul Choksi - the 62-year-old fugitive diamantaire wanted by the CBI and Enforcement Directorate in connection with Rs 14,000 crore PNB loan fraud case - has gone missing in the Caribbean island nation of Antigua and Barbuda

The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the main accused in the over Rs 13,000 crore Punjab National Bank (PNB) loan fraud case.

Diamantaire Mehul Chinubhai Choksi cheated Punjab & Sind Bank (PSB) of Rs 441 million, the public sector bank revealed on Saturday.

Diamantaire Mehul Choksi, a key accused in the USD 2 billion PNB fraud, claimed on Friday that his company Gitanjali Gems has "trade receivables" of over Rs 8,000 crore, enough to repay his loans.

India is moving ahead with its plan to bring back economic offenders from the West Indies, top government officials said. A long-range Air India Boeing plane has been commissioned to handle this mission. Officers of the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) will fly to the West Indies to bring them, the sources ...

Interim CBI chief M Nageswara Rao, whose appointment has been challenged in the Supreme Court, transferred 20 officials on Monday. Among those shifted out is the investigating officer of the case probing allegations of loan fraud against fugitive jewelers Nirav Modi and Mehul Choksi.

Fugitive jeweller Mehul Choksi has told a court in Mumbai that he cannot travel to India, where he is wanted by investigating agencies for loan fraud, as he cannot bear a 41-hour journey from Antigua because of his poor health.

Whether fugitive tycoon Vijay Mallya will be extradited to India to face fraud investigations is likely to be decided by a court in the UK today. He is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines. He repeated to reporters that he was ready to repay 100 per cent the principle that he owes -- an offer h...

PNB fraud: The price of the large yellow diamond alternately shrank and spiked by about a million dollars as it moved across the globe. The three-carat gem was shipped at least four times between shadowy companies allegedly controlled by Indian billionaire Nirav Modi over about five weeks in 2011, according to a report by a U.S. bankruptcy examiner...

Fugitive businessman Mehul Choksi, wanted in a massive bank loan scam, was considered a "fit and proper candidate" for Antigua citizenship after Indian government agencies cleared him last year and said there was "no adverse information" against him, says a statement from the Caribbean nation.