One of the main accused in the Punjab National Bank fraud of Rs 13,000 crore, Mehul Choksi, has claimed that the allegations against him by the investigating agency Enforcement Directorate are false and baseless and attachment of his properties is illegal, ANI reported.
Mehul Choksi, uncle of main accused Nirav Modi, while responding to questions asked by news agency ANI said, “All the allegation levied by the ED are false and baseless. They have attached my properties illegally without there being any basis of the same.”
Mehul Choksi, whose Indian passport has been revoked, is a citizen of Antigua. He reportedly was granted the citizenship by the island nation in West Indies a year ago. The government is trying to extradite Mehul Choksi back to India to face prosecution for his alleged involvement in the PNB case and other money laundering cases.
Mehul Choksi said that since the Indian authorities revoked his passport without any clarification, there was no question of “surrendering”.
As per newly-adopted Fugitive Economic Offenders Act, the authorities have the right to confiscate properties of offenders who escape legal process in India. Mehul Choksi has been summoned by Mumbai High Court on September 26 on a plea filed by the ED.