PNB Fraud Case: Interpol issues Red Corner Notice against Mehul Choksi

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The Interpol on Thursday issued a Red Corner Notice against absconding billionaire Mehul Choksi, wanted in the 13,000-crore Punjab National bank fraud case.

A similar notice was issued earlier by the Interpol against Choksi’s nephew Nirav Modi, the main accused in the scam at the state-run Punjab National Bank.

Both Choksi and Modi fled in the first week of January and have not returned despite repeated summons from the investigation agencies and courts.

Earlier this year, the ED had filed a charge sheet before a special court in Mumbai seeking confiscation of the attached assets of Choksi.

Nirav is said to be in London and Choksi was last traced to Antigua, where he has been granted citizenship.