Scandal-hit Choksi still in Antigua but ‘communication underway’ ~ WIC News

Mehul Choksi.
First published: 30 July 2018, at 4:26 pm

Indian fugitive Mehul Choksi is still in Antigua and Barbuda despite growing calls for him to be extradited to face fraud charges in his home country.

The businessman and another family member are accused of colluding with two employees of Punjab National Bank in fraud understood to have cost one of the country’s biggest lenders around US$1.8 billion.

The billionaire was granted an Antigua and Barbuda passport in November 2017 through the twin-island state’s citizenship by investment programme. This was just a matter of months before the criminal allegations were announced.

Choksi, 59, denies any wrongdoing. His lawyer confirmed on Friday that his client was in the Caribbean.

A well-placed source told Read More

  • 1