×
670
Fashion Jobs
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Amritsar
Permanent · Amritsar
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Mohali
Permanent · Sahibzada Ajit Singh Nagar
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Bundi
Permanent · Bundi
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Pali
Permanent · Pali
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Guwahati
Permanent · Guwahati
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Aurangabad
Permanent · Aurangabad
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Mount Abu
Permanent · Mount Abu
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Allahabad
Permanent · Prayagraj
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Ludhiana
Permanent · Ludhiana
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Gorakhpur
Permanent · Gorakhpur
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Kanyakumari
Permanent · Kanyakumari
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Alleppey
Permanent · Alappuzha
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Pondicherry
Permanent · Puducherry
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Firozabad
Permanent · Firozabad
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Phagwara
Permanent · Phagwara
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Jalgaon
Permanent · Jalgaon
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Sawai Madhopur
Permanent · Sawai Madhopur
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Ranchi
Permanent · Ranchi
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Dapoli
Permanent · Dapoli
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Panvel
Permanent · Navi Mumbai
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Dalhousie
Permanent · Dalhousie
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Pantnagar
Permanent · Pantnagar
By
Reuters API
Published
Jul 23, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jeweller and PNB fraud defendant Choksi fears 'mob lynching' in India

By
Reuters API
Published
Jul 23, 2018

One of the main defendants in India's largest bank fraud case made a court application on Monday for cancellation of an arrest warrant against him, citing fears for his life because of a growing number of mob lynchings in the country.




Mehul Choksi, who is accused of defrauding Punjab National Bank of $2 billion (1.52 billion pounds) along with his nephew, diamond tycoon Nirav Modi, fled India before the accusations came to light and said in Monday's application that he could not disclose his location in public because of the threat to his life.
The recent trend of "mob lynching is growing", Choksi's lawyer said in the application seen by Reuters, adding that he fears such a fate if he were ever to return to India.

Fake news messages on alleged child abductors circulating on WhatsApp, and via text messages and word of mouth, have led to a spate of mob lynchings in the country.

Choksi's lawyer said that a lack of prosecutions in lynching cases is encouraging more mob violence.
Those with grievances against Choksi, who owns Gitanjali Gems, include employees who have not been paid, families of detained employees and various creditors, he said.

Choksi and Modi are accused of colluding with a handful of bankers to secure credit from overseas banks using fraudulent guarantees. Both have denied the allegations.

Authorities have said that Choksi and Modi left India before the PNB complaint against them was filed and their whereabouts remain unknown.

Choksi has been highly critical of investigating agencies, alleging that the seizure of his assets, bank accounts and the shutting down of all his offices in India has caused prejudice against him.

A special court for cases under the Prevention of Money Laundering Act had issued a non-bailable warrant against Choksi this month after the Enforcement Directorate, which investigates financial crimes in India, filed charges against Choksi and his associates last month.

 

© Thomson Reuters 2022 All rights reserved.