India hands over Mehul Choksi extradition request to Antigua
Markets regulator Sebi never gave any clean chit report on Choksi to Antigua's citizenship-for-investment authority, a senior official said.
New Delhi: India has handed over a request to Antigua for extradition of Punjab National Bank (PNB) scam-accused Mehul Choksi who had obtained citizenship of the Caribbean nation. Indian Government sources had recently said New Delhi was sending an extradition request on Choksi to Antigua.
News agency reports on Sunday cited sources saying that a team from India was sent to Antigua few days back to pursue the authorities there to extradite Choksi. “The team met the foreign ministry officials of the island nation on Saturday and handed over the request to extradite Choksi to India,” sources were quoted as saying.
Meanwhile, markets regulator Sebi never gave any clean chit report on Choksi to Antigua’s citizenship-for-investment authority, a senior official said.
The regulator is continuing with its probe into alleged violation of capital market regulations by Mehul Choksi-Nirav Modi duo and their associates including some brokers in connection with two listed firms — PNB and Gitanjali Gems, the official added.