Interpol Red Notice issued against Choksi

Mehul Choksi

Mehul Choksi  

India may ask Antigua to execute order

The Interpol has issued a Red Notice against diamond merchant Mehul Choksi, accused in the multi-crore Punjab National Bank Letters of Undertaking fraud, who has taken refuge in Antigua.

“The Red Notice was issued on Wednesday based on the Central Bureau of Investigation’s request. Although his location is now known, the notice also seeks his detention by enforcement agencies in the Interpol member countries,” said an official.

As Antigua is a member country, Indian agencies may soon request their counterparts there to execute the notice.

After investigation, the CBI had filed the first charge sheet against Mr. Choksi and 17 other accused persons on May 16, for allegedly cheating the bank of about Rs. 7,080 crore.

It was alleged that Mr. Choksi, the main beneficiary of the defrauded funds, had escaped from the country before registration of the case. A Look-out Circular was issued against him. After filing the charge sheet, a non-bailable arrest warrant was also issued against him.

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