Sun. May 5th, 2024

Mehul Choksi, the owner of Gitanjali Gems Ltd and the co-accused in the Rs 12,700 crore Punjab National Bank (PNB) scam, has informed the Central Bureau of Investigation (CBI) that he cannot travel to India owing to a ‘heart-condition’.

Choksi, asked to appear in Mumbai on 7 March, 2018, informed the investigating officer that a persistent health problem prevents him from travel.

Choksi was summoned by the Central Bureau of Investigation to appear before it on March 7.

He said he was travelling “abroad for my business” and had embarked on the journey before the probe agency filed an FIR against him.

“I wish to bring to your kind attention that your good self and your office is well aware that my passport has been suspended,” he wrote in a seven-page letter in response to an emailed notice to the businessman.

The CBI and the ED have registered two FIRs each to probe the case. Both Choksi and Nirav Modi are said to have left the country before criminal cases were lodged against them. They have, however, denied any wrongdoing.
The ED, a central probe agency under the union finance ministry, is investigating if the allegedly defrauded bank funds were laundered and proceeds of crime were subsequently used by the accused to create illegal assets and black money.