Mehul Choksi - The Purbottar

24 Feb

ED confiscated Rs 18,000 crore from Vijay Mallya, Nirav Modi, Mehul Choksi: Govt tells SC

editor0 CommentsIndiaMehul Choksi, Nirav Modi, Vijay Mallya

The Government of India submitted before the Supreme Court that Enforcement Directorate has confiscated around Rs 18,000 crore from Vijay Mallya, Nirav Modi, and Mehul Choksi. Solicitor General Tushar Mehta appearing for the Central government said that this Rs 18,00 crore has been confiscated orders of the courts following the due procedure in money laundering cases. The statements were made to a bench of Justices A M Khanwilkar, Justices Dinesh Maheshwari, and C T Ravikumar hearing a batch of petitions challenging certain provisions of the Prevention of Money Laundering Act. In the proceedings, SG apprised the Court about some of…

Rs 18,000 crore got back to banks from Vijay Mallya, Nirav Modi and Mehul Choksi: Center tells SC

editor0 CommentsBusinessMehul Choksi, Vijay Mallya

As much as Rs 18,000 crore have been back to Indian banks from fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi, the central government advised the Supreme Court on Wednesday, stated IANS. All three businessmen are wanted in India on fraud charges. Solicitor General Tushar Mehta made the submission to a bench headed by Justice AM Khanwilkar that is listening to a batch of petitions difficult sure amendments to the Prevention of Money Laundering Act and the scope of the Enforcement Directorate’s powers in cases related to the law, media reported. Mehta additionally instructed the court docket that the…

Fugitive Mehul Choksi captured in Dominica

editor0 CommentsBusinessantigua, Business, crime, dominica, INDIA, Mehul Choksi

Mehul Choksi’s arrest in Dominica has brought relief to the family, his lawyer Vijay Aggarwal said Thursday. Vijay said the family was relieved the fugitive diamond trader was safe. “Efforts are on to speak to him so that we can know how he was taken to Dominica,” He added Choksi had been missing from his home in Antigua and Barbuda, the Caribbean nation of which he has been a citizen since early 2018. According to sources, Choksi was caught by the local police of Dominica on Wednesday night while trying to flee to Cuba in a boat. Sources said the…