© zeenews.india.comCBI books fugitive Mehul Choksi for criminal conspiracy, destruction of evidence in fresh chargesheet
The Central Bureau of Investigation has filed a supplementary chargesheet against fugitive businessman Mehul Choksi and 21 others in connection with the Punjab National Bank fraud case, the Hindustan Times reported on Wednesday. Choksi has been charged with destruction of evidence, cheating and criminal conspiracy.
The Punjab National Bank scam came to the fore in February 2018 when the bank informed the Bombay Stock Exchange that it had detected “fraudulent and unauthorised transactions” worth over Rs 13,000 crore at a branch in South Mumbai.
From the total scam amount, Choksi’s companies are accused of siphoning off Rs 7,080 crore through Letters of Undertaking and Foreign Letters of Credit. His nephew Nirav Modi’s companies have allegedly cheated to the tune of more than Rs 6,498 crore, according to the CBI.