The multi-crore fraud was allegedly perpetrated by billionaire jeweller Nirav Modi and his uncle Mehul Choksi, the promoter of Gitanjali Gems. Choksi and Modi have been accused of getting letters of undertaking (LoU) and foreign letters of credit (FLC) of Rs 12,636 crore issued in favour of foreign branches of Indian banks based on fraudulent claims.
In an interview with news agency ANI, Mehul Choksi said, I may be coerced and kidnapped once again, and taken to Guyana, where there is a strong Indian presence, which may be utilized to spirit me away in an unlawful and illegal manner.
In an affidavit filed before the Dominican High Court, India has cited evidence uncovered by investigative agencies to assert that fugitive diamond trader Mehul Choksi masterminded the Rs 13,500 crore PNB scam.
Barbara Jabarica, the alleged girlfriend of fugitive businessman Mehul Choksi, has rubbished reports that she was involved in his recent purported abduction