Mehul Choksi, trapped in PNB’s ₹ 14000 crore scam, will come to India. Paisa Live

Preparations for bringing the main accused Mehul Choksi to India in scam of Rs 14,000 crore (Rs 13,800 crore) of Punjab National Bank (PNB) have intensified. According to the Enforcement Directorate (ED), Choksi along with his company Geetanjali James and others carried out the scam with bank officials. It is alleged that Choksi misused the bank’s letter of undertakings (lous) and took a loan from foreign banks and failed to repay it. This scam has shook India’s banking system. Choksi’s return is expected to reveal new information in the case."flex justify-port">