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Closely monitoring legal proceedings against Mehul Choksi, Nirav Modi: Centre

Prime News, National and International, Fraud, Finance, New Delhi, July 3:- India on Friday said that it is closely monitoring legal proceedings against fugitive businessmen Mehul Choksi and Nirav Modi.

When asked about the latest update on the two, Ministry of External Affairs (MEA) spokesperson Arindam Bagchi said at a media briefing, “We are of course closely monitoring the ongoing legal proceedings in both cases.”

Mehul Choksi, who is currently in Dominica facing trial, went missing from Antigua on May 23 and was caught in Dominica. He was charged with illegal entry into Dominica by police after he allegedly fled Antigua and Barbuda in a possible attempt to avoid extradition to India. The 62-year-old fugitive is wanted in India in connection with the Rs 13,500 crore fraud in Punjab National Bank.

Meanwhile, Nirav Modi is currently held at Wandsworth prison in South London where he has been lodged since his arrest in London in March 2019 in connection with the largest bank fraud perpetrated in India.

The Enforcement Directorate (ED) on Wednesday transferred seized assets worth Rs 9,371.17 crore in cases related to Vijay Mallya, Nirav Modi and Mehul Choksi, to the public sector banks and the central government. Assets worth Rs 18,170.02 crore have so far been seized by the ED.

Further, Bagchi also answered the Indian objections to social media posts that targeted the Indian diplomats in Male. (MR, Inputs: Agencies)

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