What will happen to my shareholders, says a fretted Mehul Choksi

Mehul Choksi, one of the most wanted in bank fraud case that amounts up to 13,000 crores and who fled India in January, has blamed the government for indeterminate future and same is the case with his 6000 employees and the shareholders. Talking on the camera for the second time from Antigua, Choksi stated that he had been living in “terror’ for the simple reason that a “wrong complaint” has been filed earlier.

Mehul Choksi said, “My bank accounts were frozen, my merchandise was taken, my server was taken, all within one week’s time. Before I came back from the hospital, nobody was working for my company”. Choksi further stated that he was undergoing treatment in the US and said this was the reason why he was unable to return in February.

The government has been making meticulous efforts so as to extradite him to India after he fled India with his nephew Nirav Modi and went on to live in Antigua and Barbuda, which gave him the citizenship last year.

Mehul Choksi further said, “No question of surrendering passport” since it has been cancelled “without explanation as to why I am a security threat”.

Calling the government responsible for the future of the shareholders, and the 6000 employees of Gitanjali Jewellers, Choksi questioned, if “any company in the world or India” has been closed down within a week.

He further said, “What will happen to my shareholders? What will happen to my people? What will happen to handicapped people that have been hired in the company? Why didn’t anybody think about it…before deciding to shut the company in one day?

Mehul Choksi continues to be the most wanted by a number of agencies who are running the investigations on the 13,000 crore fraud at Punjab National Bank which stands to be the second largest bank that is state owned.