 "Who is Mehul Choksi?")
Mehul Choksi
Who is Mehul Choksi?
Mehul Choksi is a fugitive Indian businessman and the owner of Gitanjali Group, a retail jewellery firm with 4,000 stores in India. Choksi is currently residing in Antigua and Barbuda where he holds citizenship. Choksi, along with his nephew Nirav Modi, is wanted by Indian authorities in the Punjab National Bank (PNB) scam where it is alleged that the Choksi-Modi duo defrauded the bank of more than Rs 14,000 crore. An arrest warrant has been issued against Choksi and he is wanted in India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, and
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Latest Updates on Mehul Choksi
Belgium's Supreme Court to hear Mehul Choksi's extradition appeal on Dec 9
Choksi has challenged before Belgium's top court an October 17 ruling of the Antwerp Court of Appeal that upheld India's request for his extradition while terming it 'enforceable'
 "Belgium's Supreme Court to hear Mehul Choksi's extradition appeal on Dec 9")
Mumbai court clears auction of Mehul Choksi-linked Gitanjali Gems assets
The Mumbai special court directed that proceeds from the auction, estimated at around ₹46 crore, be placed in a fixed deposit under the court's name until trial concludes
Mehul Choksi moves Supreme Court of Belgium against extradition order
The development comes after the Court of Appeals in Antwerp, on October 17, rejected Choksi's argument that he may not receive a fair trial if extradited to India
 "Mehul Choksi moves Supreme Court of Belgium against extradition order")
No risk that Mehul Choksi won't get fair trial in India: Belgian court
The Court of Appeals has held that the documents Choksi submitted do not substantiate his claims that he is the subject of a political trial
 "No risk that Mehul Choksi won't get fair trial in India: Belgian court")
Belgian Court finds offences extraditable, dismisses Choksi's bias claims
The judgment clarified that the alleged acts occurred in India between December 31, 2016, and January 1, 2019, and that prosecution is not time-barred under either Indian or Belgian law
 "Belgian Court finds offences extraditable, dismisses Choksi's bias claims")
Antwerp court clears fugitive jeweller Mehul Choksi's extradition
Choksi had fled to Antigua and Barbuda in the Carribbean where he had taken citizenship
CBI court pardons Nirav Modi's brother-in-law, makes him approver
A special CBI court granted him pardon on the condition that he would make "full and true disclosure of all circumstances within his knowledge concerning the offence and every other person involved"
 "CBI court pardons Nirav Modi's brother-in-law, makes him approver")
Mehul Choksi assured humane jail conditions if extradited to India
Wanted fugitive diamond trader Mehul Choksi could be lodged in Barrack No. 12 of Arthur Road Jail with amenities meeting European human rights standards
Fugitive Mehul Choksi's bail plea rejected by Belgian court of appeal
His earlier bail application, heard by the Court of Cassation in Belgium, was also rejected
CBI court stays loan fraud case proceedings against Choksi till August 8
order summoning the accused has been passed with lightning speed on the same day of filing of chargesheet, without even perusing it, they claimed and sought interim relief until their plea is decided
 "CBI court stays loan fraud case proceedings against Choksi till August 8")
CBI helped bring back 134 fugitives from abroad in past 5 years: Officials
In contrast, only 74 fugitives were brought back during the decade between 2010 and 2019
 "CBI helped bring back 134 fugitives from abroad in past 5 years: Officials")
US arrests Nirav Modi's brother Nehal in ₹13,000 crore PNB scam
Nehal Modi, brother of fugitive Nirav Modi, has been arrested in the US on India's request in connection with the ₹13,000 crore PNB bank fraud. He faces extradition on money laundering charges
 "US arrests Nirav Modi's brother Nehal in ₹13,000 crore PNB scam")
PNB scam: Court clears release of Nirav Modi's ₹66.3 cr assets for recovery
A Mumbai court has allowed the release of Nirav Modi and Purvi Modi's assets worth ₹66.33 crore, attached by the ED in the PNB fraud case, to help recover losses
 "PNB scam: Court clears release of Nirav Modi's ₹66.3 cr assets for recovery")
Fugitive Mehul Choksi accuses India of orchestrating his kidnap in Antigua
Choksi - who was arrested in Belgium in April - is wanted in India over his alleged involvement in one of India's biggest bank frauds at Punjab National Bank
Sebi attaches bank, demat, MF accounts of Choksi to recover Rs 2.1 cr dues
The latest move followed a demand notice issued to Choksi on May 15, warning attachment of assets as well as bank accounts if he failed to make the payment within 15 days
Sebi orders Mehul Choksi to pay ₹2.1 crore for insider trading breach
Sebi has issued a ₹2.1 crore notice to Mehul Choksi for insider trading in Gitanjali Gems and warned of asset seizure; he also faces a court warrant in a ₹55 crore fraud case
UK High Court denies Nirav Modi bail again in Rs 6,498-cr PNB fraud case
Fugitive diamond merchant Nirav Modi, jailed since March 2019, faces another legal setback as the UK High Court dismisses his 10th bail plea in the PNB fraud case
Mumbai court issues non-bailable warrant against Mehul Choksi in fraud case
The non-bailable warrant against him was issued recently by Additional Chief Judicial Magistrate (Esplanade Court) R B Thakur
Mehul Choksi alleges violation of natural justice, seeks fresh relief
Mehul Choksi, in his second plea before the Belgian court, has claimed that the process undertaken regarding his arrest is arbitrary and unlawful
Major fire at ED office likely damaged Choksi, Nirav Modi, Bhujbal records
The Enforcement Directorate has submitted the original investigation records, retaining copies for itself but the fire is likely to impact the questioning of summoned witnesses
 "Major fire at ED office likely damaged Choksi, Nirav Modi, Bhujbal records")
