Diamond jeweller Mehul Choksi denied “any truth in the allegations” made on him regarding the Rs 13,500 crore Punjab National Bank (PNB) fraud case. Mehul who is wanted by Indian investigative agencies in the bank fraud is on a run since long.
In a statement issued to a Caribbean newspaper ‘Antigua Observer’, Choksi through his attorney David Dorsett said: “I can say categorically, that there is no truth in those allegations.”
On or about July 24, the Citizenship by Investment Unit (CIU) issued a press statement in response to an online story from an Indian media outlet reporting on certain allegations made against Choksi by the Indian authorities and the media.
According to this CIU statement on Wednesday, Choksi was granted citizenship by registration in November 2017 and he swore the Oath of Allegiance in Antigua on January 15, 2018.
The CIU also said that Choksi’s application was granted “after robust due diligence and international investigation by reputable agencies, including the International Criminal Police Organization (Interpol) and the CARICOM Implementing Agency for Crime and Security (IMPACS)”.