Who is the owner of Gitanjali Group?

Who is the owner of Gitanjali Group?

Mehul Choksi
Mehul Choksi, the founder and managing director of ‘Gitanjali Gems’ and the maternal uncle of Nirav Modi has come under the radar of various investigating agencies, following the Enforcement Directorate (ED) filing a case against the latter for conducting fraudulent transactions from the Punjab National Bank.

Are Mehul Choksi and Nirav Modi related?

Choksi is the maternal uncle of fugitive businessman Nirav Modi. His younger brother Chetan Chinubhai Choksi owned and operated a diamond company named Diminco NV, based in Antwerp, which had defaulted on a US$25.8 million payment to a subsidiary of ICICI Bank.

Who is Mehul Chokshi?

Mehul Choksi is a fugitive Indian businessman and the owner of Gitanjali Group, a retail jewellery firm with 4,000 stores in India. Choksi is currently residing in Antigua and Barbuda where he holds citizenship.

How much money did Mehul Choksi?

“The Enforcement Directorate (ED) in the cases of Vijay Mallya, Nirav Modi and Mehul Choksi has managed to confiscate assets worth over ₹18,000 crore due to orders passed by the courts under (the) PMLA,” Mehta said.

Where is Mehul Choksi hiding?

Choksi took the citizenship of Antigua and Barbuda in 2017 via the citizenship by investment route. He and Modi fled India in January 2018 before the scam could be brought into public light. While Modi has been hiding, and is now in custody, in London, Choksi was hiding in Antigua and Barbuda.

Where is Mehul Choksi right now?

Antigua and Barbuda
ARTICLES. NEW DELHI: Diamantaire Mehul Choksi has landed in Antigua and Barbuda, where he has been staying since 2018 after leaving India, after 51 days of custody in neighbouring Dominica for illegal entry which his lawyers claim was a kidnapping plan, local media reported.

What happened to Mehul Choksi?

Earlier this week, Mehul Choksi was granted bail by a Caribbean court on medical grounds and allowed to travel back to Antigua and Barbuda. Mehul Choksi is wanted in India in a case of loan fraud worth about Rs 13,500 crore in the state-run Punjab National Bank.

Where was Mehul Choksi born?

Mumbai, IndiaMehul Choksi / Place of birth

What is the latest on Mehul Choksi?

Mehul Choksi remanded to state prison in Dominica, but to remain in hospital: Choksi’s lawyer. “Yes, (Choksi’s) police custody has been changed to prison custody but he shall remain in hospital as his medical condition has deteriorated,” lawyer Vijay Aggarwal said.

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