 "Mehul Choksi")
Markets regulator Sebi on Friday ordered attachment of bank and demat accounts of fugitive businessman Mehul Choksi as well as Gitanjali Gems and its executive director Dhanesh Sheth to recover dues worthover Rs 5 crore.
Choksi, the uncle of diamantaire Nirav Modi, is the promoter and managing director of Gitanjali Gems.
Nirav Modi, who has allegedly defrauded state-owned Punjab National Bank of over Rs 14,000 crore, is currently lodged in a jail in the UK.
Sebi said the decision to attach the accounts was taken after Choksi, Gitanjali Gems and Sheth failed to pay fine imposed on them.
In February this year, the Securities
