The RAR’s findings for FY’17 shed light on a range of operational risks, but do little justice to the structural holes that allowed Mehul Choksi and Nirav Modi to get away with the Rs 11,000 crore scam.
In its 10-page affidavit filed by CBIs Deputy Inspector General (DIG) Sharada Raut, the central agency has stated that Choksi is a fugitive from justice. The agency has told the court that they have made attempts to arrest Choksi, “but his whereabouts were unknown, and he was not available in India”. A red corner notice (RCN) has been issued against Choksi by the Interpol on their requests.