The CBI discovered during the examination that 165 LoU (Letter of Understaking) and 58 FLC (Foreign Letter Credit) were given by the PNB bank, Brady House and these two named authorities of the bank assisted Choksi with getting these LoU and FLC. Authorities of PNB took illicit delight for giving the LoU and FLC.
New Delhi: The Central Bureau of Investigation (CBI) has documented an advantageous chargesheet against diamantaire Mehul Choksi and the other 21 denounced in the PNB bank misrepresentation case, in which the criminal has been accused of annihilation of proof. As per reports, the CBI had documented a chargesheet against 18 denounced, including Mehul Choksi; notwithstanding, in the advantageous chargesheet, the government organization names four more blamed, alongside the past 18 denounced. Among the 21 individuals named in the chargesheet incorporate previous authorities of Gitanjali and Punjab National Bank.
The chargesheet was recorded on June 10, under Section 120B r/w 477-A, 201 Indian Penal Code and Section 7 of PC Act.
The two of four denounced, who have been named in the chargesheet by the CBI are Sagar Sawant and Sanjay Prasad. Both are PNB Employees and two private individuals, Dhanesh Seth and Sunil Verma, who were workers of Mehul Choksi. Sunil Verma is the previous global top of the Gitanjali Group of Companies.
The CBI discovered during the examination that 165 LoU (Letter of Understaking) and 58 FLC (Foreign Letter Credit) were given by the PNB bank, Brady House and these two named authorities of the bank assisted Choksi with getting these LoU and FLC. Authorities of PNB took illicit satisfaction for giving the LoU and FLC.
CBI had enrolled the case on February 15, 2018 against Mehul Choksi, his organizations, 10 Directors and authorities of PNB bank on the protest of bank itself. It was asserted that blamed people had incubated criminal trick and cheated PNB to the tune of Rs 7080.86 crore by falsely giving letters of undertaking to abroad banks for getting purchasers credit and furthermore giving unfamiliar letter of credit for the three organizations of Mehul Choksi with no endorsed breaking point or money edge and without making sections in the CBS arrangement of the bank.
Examination uncovered that during the period from 2015 to 2017, blamed authorities for PNB gave enormous no of LoU and FLC in a scheme with Mehul Choksi.
Mehul Choksi escaped from the nation prior to being captured. Choksi previously had citizenship of Antigua, so he ran away to the island and covered up there until he was gotten and captured in Domica for entering illicitly into the country.