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.
The Allahabad High Court criticised the police for their inaction in kidnapping cases, observing, “Police generally exhibit apathy in kidnapping cases as no responsibility is fixed,” and stressed the urgent need for greater accountability among officers.
