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Who is 13,850 crore PNB loan fraud case fugitive Mehul Chauri, who was arrested in Belgium

Admin — Mon, 14 Apr 2025 07:54:09 +0000

The infamous fugitive and diamond businessman Mehul Choksi & Nbsp; Belgium in the PNB scam case. The 65 -year -old businessman was detained on 12 April Saturday. CBI sources have confirmed this from NDTP. According to the report, this arrest has been made after issuing two arrest warrants in 2018 and 2021 by the Mumbai court. The vigilance is currently in jail and can apply for bail due to his health reasons.

who is Mehul Choksi

Mehul Choksi is the former chairman of the Gitanjali Group, at one time there were big jewelery retail chains and more than 4 thousand stores in the country. Born on May 5, 1959, Chaukeri took over the business of father’s or her father in 1985 from his father Chinubhai Choksi. He increased the business of diamond across the country and became a big name in the jewelery industry. & nbsp; & nbsp;

After getting citizenship of Antigua and Barbuda from 2017, the business of vigil also spread to Belgium. According to reports, Mehul Choksi is married to a diamond businessman while Mehul’s brother was also in the diamond business. Vigilance often went to Belgium for his treatment and lived with his wife, who is a Belgian citizen.

what is PNB scam?

Mehul Choksi and his nephew Nirav Modi are accused of PNB Bank scam worth Rs 13,850 crore. This is a big scam in the history of the country’s bank scams. Both of them defrauded the bank for crores of rupees from the Brady House Branch of PNB in Mumbai through fake late of undertakings and foreign letters of credit. & nbsp;
Investigators said that this scam was carried out for many years with the connivance of PNB officials. Mehul Choksi ran the entire matter in January 2018 shortly before the front. Vigilance took citizenship through the investment program there. & nbsp;

Also read: Modi government hopes to get bumper divident from RBI, this huge amount will help in these works

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Fugitive diamond businessman Mehul Choksi arrested, India will be brought from Belgium!

Admin — Mon, 14 Apr 2025 02:53:19 +0000

Mehul choksi arrested: The fugitive diamond businessman Mehul Choksi, accused in the loan fraud case from Punjab National Bank, has been arrested by the police in Belgium. 65 -year -old Choksi was arrested on Friday (April 11, 2025) on the appeal of the Central Bureau of Investigation (CBI) and is still in jail.

Mehul Choksi had framed a loan of Rs 13,500 crore from Punjab National Bank and ran away from India to Belgium to avoid arrest. Here he was living in Antwerp with his wife Preeti Choksi. Preeti Choksi has citizenship of Belgium. Many reports have revealed that Choksi has an ‘F Residency Card’ in Belgium and has come from Antigua to Belgium for treatment.

Belgian police referred to Mumbai court warrant

While arresting Mehul Choksi, the Belgian police cited two arrest warrants issued by a court in Mumbai against him. The report said that these warrants were released on May 23, 2018 and 15 June 2021. However, it is being said that Mehul Choksi can demand bail and immediate release, citing poor health and other reasons.

Choksi is accused of fraud worth 13,500 crores from PNB

CBI and ED are being tried by CBI and ED on charges of fraud of Rs 13,500 crore from PNB. In this case, Choksi’s nephew Nirav Modi is also an accused, who is hidden in London and is also waiting for his extradition.

When did Mehul Choksi run away from India?

Mehul Choksi ran away from India in January 2018 with her nephew Nirav Modi. Both of them left the country even before the loan fraud case came to light in Punjab National Bank. This was the second largest bank scam in India. Even before the matter came to light, Choksi took citizenship of Antigua. When he was going to Cuba in 2021, he was caught in Dominica. After this, Mehul had said that due to political conspiracy, these cases are being run on him. He also said that the ED has seized the properties in India illegally.

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