in image diamond business owner Mehul choksi with wife
The wife of fugitive diamantaire Mehul Choksi is in trouble. According to ANI, the Enforcement Directorate is expected to include his wife Priti Choksi alias Priti Pradyot Kumar Kothari in its supplemental charge sheet after discovering evidence of her suspected participation in the PNB fraud case.
Priti is the beneficial owner of a firm called Hillingdon Holdings, according to reports. The ED discovered throughout its examination that the firm is a shell business that was registered in the UAE in November 2013 in the Jabel Ali Free Zone.
ED has already assigned these attributes to them. Apart from Hillingdon Holdings, two other offshore firms were established to conceal the true beneficiary's identity. Colindale Holdings and Charing Cross Holdings are the two offshore corporations, according to sources.
These businesses were founded with the support of Gitanjali Group employees Dion Lillywhite, C D Shah, and Neha Shinde. Dion Lillywhity is a fake director in certain Gitanjali Group firms situated in the UAE.
CD Shah is the proprietor of three consulting firms: Magus, M/s Shah, and Al Shamli. Hillingdon Holdings was the only shareholder of one M/s Goldhawk DMCC, which belongs to Mehul Choksi, according to ANI.
Hillingdon Holdings subsidiaries were acting in Mehul Choksi's best interests. These firms, including Hillingdon Holdings, are controlled by Mehul Choksi.
A 62-year-old fugitive is wanted in India for a scam involving PNB (Punjab National Bank) that totalled Rs 13,500 crore.
Meanwhile, Mehul Choksi was labelled a "prohibited immigrant" by the Dominica Ministry of National Security and Home Affairs on May 25.
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