Photo: PTI
CBI Registers Case Against Mehul Choksi Over Complaint By IFCI Limited
The CBI has registered a case against Mehul Choksi based on a complaint filed by IFCI Limited for allegedly causing a loss of around Rs 22 crores. "It was also alleged that the said Director colluded with the Valuers and got the valuation of the pledged jewels done with exorbitant and inflated value. The diamonds were allegedly of low quality and not real gemstones," shared a CBI official.
Tags: Crime, CBI, Fraud, Mehul Choksi, case, registered
Courtesy: The Free Press Journal
Photo: Live Mint
Rs 18,000 Cr Returned To Banks From Mallya, Choksi & Nirav Modi
Solicitor General Tushar Mehta, informed Supreme Court that Rs 18,000 crore have been retrieved from Mallya, Nirav Modi and Choksi in money laundering case. During the hearing, Mehta said, in the past five years, ED investigated over 2,000 cases. Notably, Vijay Mallya, Nirav Modi and Mehul Choksi are booked for money laundering cases. Notably, in the last hearing, the apex court gave a final warning to appear before court.
Tags: Vijay Mallya, Mehul Choksi, nirav modi, Supreme Court, Money laundering case
Courtesy: India Times
Photo: Bing
Bank Consortium Extracts Rs 792.11 Cr By Liquidating Mallya's Assets
According to Enforcement Directorate (ED), the SBI-led consortium extracted Rs 13,100 crore by liquidating the assets of Vijay Mallya, Nirav Modi, and Mehul Choksi. Out of the total recovered assets, Mallya's assets stand at Rs 792.11 crore. Reportedly, the assets were confiscated under the Prevention of Money Laundering Act (PMLA). The three businessmen allegedly defrauded various PSBs by extorting money through their companies.
Tags: Consortium, SBI, Vijay Mallya, nirav modi, Mehul Choksi
Courtesy: The Economic Times
Photo: Zee News
Dominica Court Denies Bail To Mehul Choksi Citing 'Flight Risk'
Fugitive diamantaire Mehul Choksi will not be able to come out of jail as the Dominica High Court has denied him bail. Although the high court observed there was no condition to stop him from leaving the country, Choksi was denied bail on the ground of 'flight risk'. He was jailed in Dominica for illegally entering the country from Antigua and Barbuda, where he had fled in 2018 from India.
Tags: Mehul Choksi, Dominica court, Fugitive Diamantaire
Courtesy: Zee News
Photo: The Quint
Dominica High Court Adjourns Mehul Choksi's Bail Hearing Till June 11
The Dominica High Court has adjourned the wanted diamantaire Mehul Choksi's bail till June 11. Reportedly, Choksi approached the HC after the magistrate court rejected his bail petition on the charges of illegal entry into the Caribbean island. According to Dominica News Online, the government, represented by Director of Public Prosecution (DPP) Sherma Dalrymple, "seriously opposed" to Choksi's plea, considering him a flight risk.
Tags: Mehul Choksi, Dominica, High Court, Bail Plea
Courtesy: The Indian Express
Photo: Free Press Journal
CBI, ED Led Team To Bring Back Mehul Choksi Returns Empty Handed
The PNB scam accused Mehul Choksi's deportation to India has been currently suspended after a magistrate court in Dominica adjourned the hearing to July. The eight-member team including officials from ED and CBI has left the Caribbean country and is scheduled to land in India… read-more
Tags: Mehul Choksi, Dominica, CBI, Enforcement Directorate
Courtesy: NDTV
Photo: The Indian Express
Mehul Choksi's Bail Appeal Denied Against Illegal Entry In Dominica
Dominica's Magistrate court denied Mehul Choksi's bail appeal against the illegal entry into the Caribbean island nation. Earlier, the Court had ordered the authorities to bring Choksi for trial. However, Choksi's lawyer Vijay Aggarwal stated that they will approach the High Court in-order to contest the magistrate court's decision. Moreover, Choksi pleaded "not guilty" to the charges in Dominica and is currently wanted in India after… read-more
Tags: Mehul Choksi, Punjab National Bank, Dominica, Bail Plea
Courtesy: WION News
Photo: Navbharat Times
'Mysterious Woman' Showed As Girlfriend Is Incorrect: Choksi's Wife
Mehul Choksi's wife Priti Choksi has claimed that the picture of a woman, who is being portrayed as her husband's girlfriend Barbara Jabarica, is not correct and that she is "untraceable". Reportedly, Jabarica, also termed 'mysterious woman', is suspected to have a role in Choksi's disappearance from Antigua to Dominica. Although not confirming any encounter with Jabarica, Priti said the 'mysterious woman' introduced herself as a house-… read-more
Tags: Mehul Choksi, Priti Choksi, Barbara Jabarica, Antigua, Dominica
Courtesy: DNA India
Photo: NDTV
CBI Chief Sharada Raut In Dominica To Bring Back Mehul Choksi
CBI’s banking fraud chief Sharada Raut is in Dominica with her team to bring back the fugitive diamantiare Mehul Choksi. Leading the investigation in Rs 13,500-crore PNB scam, Raut will be present in the June 2 hearing and will assist Dominican government. Caught recently while trying to escape Cuba, Choksi’s arrest has created a political controversy in the Caribbean country with opposition blaming Dominican PM as a part of conspiracy.
Tags: Women Empowerment, mission choksi, Mehul Choksi, Dominica, scam
Courtesy: NDTV
Photo: Prime News
Mehul Choksi Was With Girlfriend On Trip To Dominica: Antigua PM
Fugitive Indian businessman Mehul Choksi was likely on a romantic trip with his girlfriend when he got caught in Dominica, said Antigua and Barbuda PM Gaston Browne. However, Choksi had claimed that he was abducted by the collaborative efforts of Antiguan officials and those having "'links with India" and was allegedly tortured. Recently, Choksi's picture, after his arrest, had surfaced that showed him covered in bruises.
Tags: Antigua and Barbuda, Mehul Choksi, Gaston Browne, Dominica, Abduction
Courtesy: Zee News
