Kharge calls out govt’s double standards citing Choksi case
Fugitive jeweller Mehul Choksi removed from the Interpol database of Red Corner Notices while Opposition leaders remained on the radar of the CBI and the ED.
Fugitive jeweller Mehul Choksi removed from the Interpol database of Red Corner Notices while Opposition leaders remained on the radar of the CBI and the ED.
The 63-year-old fugitive is wanted in India in connection with a Rs 13,500-crore fraud in the Punjab National Bank (PNB).
Choksi not only reached out to Henry but also tried to influence Antigua magistrate Conliffe Clarke through illegal payments.
The account became NPA on February 26, 2018, and January 31, 2017, respectively with Canara Bank and Bank of Maharashtra.
Slamming the central agency, Choksi's Advocate said that the financial institution should have carried valuation immediately after default.
Nirav Modi has already been denied bail thrice by the Westminster Magistrates' Court, as the judge ruled there was "substantial risk" that he would fail to surrender and deemed the bail security offered as insufficient.
PNB slipped back into losses during the quarter in consideration after coming back into the black in the previous quarter ending December.
The news of the arrest sent ripples of excitement through the ruling Bharatiya Janata Party (BJP) which dared the opposition Congress to question the developments, at the height of the 2019 parliamentary elections.
Modi was arrested from a Metro Bank branch in London by uniformed officers on Tuesday, when he went there to open a new bank account.
A UK court had on Monday issued an arrest warrant against Modi following a request forwarded by the Enforcement Directorate (ED) for his extradition.
