All the economic fugitives are in a panic mode after the Modi government scored a massive win against Vijay Mallya in the United States. Now it is the turn of Mehul Choksi who along with his relative Nirav Modi were involved in a fraud involving fake guarantees in the name of state-run Punjab National Bank to secure loans abroad that amounted to Rs 13,000.
These two diamond dons had fled India early this year but now in a 34-page reply seeking a dismissal of the Enforcement Directorate’s (ED) plea to declare him a fugitive economic offender Mehul Choski said the special Prevention of Money Laundering Act (PMLA) court that he had been corresponding with the Punjab National Bank (PNB) to settle the dues.
A report said “The reply was submitted before special judge M S Azmi on Monday through advocates Sanjay Abbot and Rahul Agarwal. The Enforcement Directorate had moved a plea seeking to declare Choksi a fugitive economic offender and confiscate his properties under the provisions of Fugitive Economic Offenders Act”.
Yes, this has been a big statement by Mehul Choksi. He said that he is unable to take a 41-hour flight back to India due to various health reasons.
Earlier reports claimed that fled from the United States to the island nation of Antigua and Barmuda. Later on the Foreign Minister of Antigua & Barbuda EP Chet Greene reassured External Affairs Minister Sushma Swaraj that the government will provide “full cooperation” in the case. Sushma Swaraj had said “There is a lot of expectation in India as Mehul Choksi has left the country after committing such a big fraud” after meeting EP Chet Greene on the sidelines of UNGA.
But Choksi probably didn’t take it seriously but now he seems rattled after Agusta Westland scam middleman Christian Michel was brought back to India and Vijay Mallya is expected to be brought home by the end of January. It Choksi and Nirav will be brought back in the next 2-3 months, then it will be a massive advantage for the Modi government.