PNB Scam: ED Hands Over Mehul Choksi’s Mumbai Flats for Victim Compensation in Major Recovery Push

The Enforcement Directorate has transferred four Mumbai flats linked to Mehul Choksi to the liquidator of Gitanjali Gems to speed up monetisation and compensate victims of the PNB fraud. This marks a crucial shift from asset seizure to real recovery for banks and affected stakeholders.