New Delhi: The CBI has filed a contemporary FIR in opposition to fugitive diamantaire Mehul Choksi for allegedly dishonest a Canara Bank-led consortium to the tune of Rs 55.27 crore, officers mentioned on Thursday. The company has additionally booked Bezel Jewelery and its whole-time administrators, together with Choksi, Chetna Jhaveri, Dinesh Bhatia and Milind Limaye.
The Canara Bank and the Bank of Maharashtra had sanctioned Rs 30 crore and Rs 25 crore respectively as working capital facility below a consortium settlement to Bezel Jewellery. (ALSO READ: Tata Consumer Products enters honey and preserves phase by way of Himalayan model)
It is alleged that although the mortgage was granted for the manufacturing and sale of gold and diamond-studded jewelry, the corporate didn’t route any of the enterprise transactions by means of the account to cover diversion of funds. (ALSO READ: Exports rise 23.52% to $40.13 billion in June; commerce deficit at report $26.18 billion)
The firm didn’t repay the mortgage, inflicting a lack of Rs 55.27 crore to the consortium, the company has alleged.
Choksi is already wished in a Rs 13,500-crore rip-off within the Punjab National Bank, alongside along with his nephew Nirav Modi.
Choksi has taken the citizenship of Antigua and Barbuda, the place he’s settled since he fled India in 2018.