The London High Court has denied Nirav Modi’s 10th bail application, emphasizing the significant risk of him fleeing if released. The court reiterated the strong case against him regarding the Punjab National Bank fraud, amounting to over Rs.13,800 crore, and highlighted concerns of evidence tampering and witness interference.
Fugitive businessman Mehul Choksi faces a legal setback as a Belgian court postpones a hearing on his plea against arrest linked to the ₹ 13,000-crore PNB scam. Choksi argues his arrest was mishandled and denies basic rights. His extradition is actively pursued by Indian authorities as he seeks bail.
The Bombay High Court summoned Mehul Choksi, a key accused in the PNB scam, to appear before the court. The court expressed concern about his absence and rejected his petitions, questioning his whereabouts. Choksi’s lawyer argued against his fugitive status, while the ED informed that proceedings to declare him a fugitive are ongoing. The court adjourned the hearing to August 12.
Former Gitanjali Group executive Sunil Varma, accused in the PNB scam, was granted interim bail by an anti-money laundering court. The CBI sought custody, alleging his involvement in orchestrating the scam. Varma, who had been evading the authorities, appeared in court following the suspension of a non-bailable warrant. Varma’s lawyer argued that the summons were incorrectly served.
Mehul Choksi, a central figure in the PNB scandal, disputes being labeled a “fugitive economic offender,” citing factors beyond his control for his inability to return to India. Through his lawyer, he seeks critical documents from the Mumbai passport office to support his contention. The legal battle surrounding Choksi’s case has sparked significant attention and complexities.
![[PNB Scam] Gitanjali Group Ex-Staffer Gets Interim Bail; CBI Seeks Custody](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/07/image-73-2.png?resize=447%2C320&ssl=1)
