PNB scam: Bank moves court seeking 'restoration' of Nirav Modi's property to recover dues
Business | July 12, 2023 23:23 ISTPNB scam: Punjab National Bank seeks 'restoration' of Nirav Modi's property worth over Rs 71 crore to recover its dues.
PNB scam: Punjab National Bank seeks 'restoration' of Nirav Modi's property worth over Rs 71 crore to recover its dues.
PNB Scam: The court was hearing a CBI plea challenging an August 23 order of the Bombay High Court that allowed Mehta to travel to Hong Kong and stay there for three months.
ED had filed a fresh chargesheet against Mehul Choksi, his wife Priti and others under the anti-money laundering law in connection with the over Rs 13,000-crore loan fraud case on Monday.
The development is being seen as a ray of hope for India which has approached the Dominica High Court seeking to be impleaded as a party in the case filed by lawyers of Choksi whose bail plea was earlier rejected.
The charges include of criminal conspiracy, cheating, breach of trust, and illegal gratification by public servant.
Mehul Choksi's UK lawyer Michael Polack on June 15 informed there are a lot of propaganda being put out stating that Choksi escaped or maybe he was on his way to Cuba but lawyer Polack believes that these claims are ridiculous.
India in an affidavit filled in Dominica Court has said that Mehul Choksi is "still" an Indian citizen and has opposed his bail.
According to sources, Priti is the beneficial owner of company named Hilingdon Holdings. ED has found in its investigation that the company is a shell company registered in the UAE in Jabel Ali Free Zone in November 2013.
"I'm European, I live in Europe and I'm not following Indian news. I'm also not following list of fraudsters so I haven't been aware of his real name and background until last week, said alleged girlfriend of Mehul Choksi.
Interestingly on May 23, the same day on which Choksi was allegedly kidnapped, during the breakfast meeting with Barbara, Choksi said that he is "practicing not to fear".
Dominica Prime Minister Roosevelt Skerrit termed fugitive diamantaire Mehul Choksi as an "Indian citizen" and stated that the courts will decide what happens to the fugitive.
The Royal Police Force of Antigua and Barbuda has started investigations into the alleged abduction of absconding diamantaire Mehul Choksi to neighbouring Dominica.
While fugitive businessman Mehul Choksi's extradition case is being heard by a Dominican court, photos of two boats have emerged that might have been used to enter the island nation from neighbouring Antigua.
The Qatar Airways' private jet that was sent by India to bring back fugitive diamantaire Mehul Choksi from Dominica has left the Caribbean island country after nearly seven days, according to public flight data.
The court has asked both prosecution and defence lawyers to discuss the matter among themselves.
Choksi's lawyer in India and his wife Priti have alleged that former diamond tycoon was physically assaulted after he was taken into custody in Dominica on May 23.
"The woman shown on media channels is not the same woman that they knew as Barbara. Woman was known to my husband, she would visit whenever came to Antigua," Priti said.
Dominica's Leader of the Opposition Lennox Linton on June 2 clarified the allegations against taking bribery from Mehul Choksi's brother Chetan Choksi.
Even as a private jet from Qatar landed in Dominica with documents related to fugitive businessman Mehul Choksi, wanted in the PNB loan fraud case, sources on Tuesday said members of the Central Bureau of Investigation, Enforcement Directorate and Ministry of External Affairs are camping in the island nation.
Reports in Antiguan media and Choksi's lawyers said that he was arrested from Dominica when he was visiting his girlfriend Babara Jarabica. The woman is a property investment consultant and has studied at the London School of Economics, reports said.
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