The Enforcement Directorate (ED) filed chargesheet in PNB scam against Mehul Choksi. In its chargesheet, ED stated Mehul Choksi as a mastermind of the entire scam.
ED said, “Mehul Choksi is the “mastermind” behind the behemoth scam. He designed the entire scheme of fraud and the movement of the money under the garb of import and export.”
ED also alleges that the companies involved in the scam were working on orders of Mehul Choksi
These companies had directors/partners who acted as dummies while ultimate decision making was only with Mehul Choksi.Some of these companies used for receiving proceeds of crime and also for laying, siphoning and parking of funds.”
Meanwhile, Mehul Choksi claimed that he had taken Antigua citizenship last year to expand his business as the passport of the Caribbean nation provides visa-free travel to 132 countries, local media in Antigua reported.
In a statement issued by his attorney David Dorsett on the diamantaire’s behalf, Choksi said there was no truth in the allegations levelled by the Indian government, the Daily Observer, a newspaper in Antigua, reported.
Choksi who was allegedly the partner-in-crime of his nephew Nirav Modi in the banking fraud refused to say anything further on the issue, on the advice of his lawyers.
“I can however state that I lawfully applied to be registered as a citizen of Antigua and Barbuda under the Citizenship by Investment Program. During the course of my application I did all that was lawfully required of me to do. My application for citizenship was in due course approved,” the statement published in the newspaper said.
Choksi had taken the citizenship of Antigua in November 2017, and oath of allegiance on January 15 this year, according to a local newspaper Antigua Observer.
“My application was motivated by my desire to expand my business interest in the Caribbean and to obtain visa-free travel access to 130 or so countries,” the statement said, adding that he was in the United States in January 2018 for medical treatment. “Having received treatment I am still in a state convalescence. That being the case I have decided to reside in Antigua and Barbuda,” it read.
After it emerged that Choksi had moved to the Caribbean country in July and also taken a local passport, the CBI wrote to Antiguan authorities seeking the whereabouts of the fugitive diamantaire.
The CBI, in its communication sent to Antiguan authority, cited diffusion notice issued by the Interpol against the fugitive businessman and sought details of his movement and his present location.
The Antigua Government indicated that it may consider “a legitimate request” from India to send back Nirav Modi and Mehul Choksi.Nirav Modi and Choksi are being investigated by the ED and the CBI after it was detected that they allegedly cheated the Punjab National Bank of more than Rs 13,400 crore with purported involvement of a few of the lender’s employees.