New Delhi: PNB fraud fugitive Mehul Choksi has surrendered his Indian passport to the High Commission in Guyana, Antigua on Monday.
Indian citizens are required to submit their passports before attaining citizenship of another country. A move like this of surrendering his passport has no legal consequences since India doesn’t have dual citizenship.
Mehul Chinubhai Choksi is an Indian fugitive businessman, residing in Antigua and Barbuda, who is wanted by the Judicial Authorities of India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption and money laundering.
Soon after learning the fraud case against Choksi, Antigua responded that they would “honour any legitimate request” to extradite him.
The CBI has chargesheeted both Nirav Modi and Mehul Choksi separately in the scam. The CBI, in its charge sheet last month, alleged that he swindled Rs.7080.86 crore. This is India’s biggest banking scam at over Rs.13,000 crore.
Addedly, Nirav Modi, a nephew of Choksi, allegedly syphoned Rs. 6,000 crore. An additional loan default of over Rs. 5,00 crore to Choksi’s companies is also a matter of probe under the CBI.
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Kalinga AI