Request was made by CBI to Belgian authorities following which they moved to make provisional arrest of fugitive diamantaire, ThePrint has learnt. Choksi is wanted in PNB fraud case.
Red Corner Notice is issued by Interpol to locate & provisionally arrest an individual awaiting extradition. Mehul Choksi & his nephew Nirav Modi are wanted for the PNB scam.
In interview with Business Standard, PNB scam accused alleges he was ‘victim of kidnapping’ in May 2021 and wants to clear his name in India, but his health keeps him in Dominica.
For now, fugitive diamantaire Mehul Choksi is safe, at least till 1 July, when the Dominican court will decide whether he should be deported to India or Antigua and Barbuda.
A special court, which issued the show case notice, said it will proceed with action against the fugitive businessman under the Fugitive Economic Offenders Act if he fails to appear.
Modi's remand was extended until 29 December. District Judge Samuel Goozee judge is scheduled to hear closing arguments from both sides on 7 and 8 January.
Besides Nehal Modi, the chargesheet names PNB's suspended deputy general manager Sanjay Prasad, and Nirav Modi's associates Amit Magia, Sandeep Mistri and Mihir Bhansali.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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