Publicado: Jue, Marcha 08, 2018
Global | Por Milagro Delgado

Meet Vipul Chitalia, Brain Behind Alleged Rs 12600 Crore PNB Fraud

Meet Vipul Chitalia, Brain Behind Alleged Rs 12600 Crore PNB Fraud

"There is reason to believe that he along with Choksi is a brain behind the conspiracy", said the CBI application seeking his custody. Manager, Punjab National Bank and unknown persons, ' the CBI told the court.

Gitanjali Group vice-president Vipul Chitalia, who had escaped India along with chairman Mehul Choksi, was nabbed from the Mumbai airport yesterday morning, as soon as he landed from Bangkok.

The officials said that Chitalia was at the helm of the affairs when Choksi's ventures indulged in "illegalities".

His name came on the agency's radar during questioning of other officials of Choksi's group of companies.

The court further said that it's not clear as to what is the exact amount involved in the case.

'Sex and the City' Star Cynthia Nixon Eyes NY Governor's Race
Cuomo reportedly has his own larger political aspirations, eyeing a run at the presidency in 2020 . Some Democrats consider Nixon a more liberal option to Cuomo, who's seeking a third term.

"He was instrumental in preparing the applications for putting through the fraudulent LoUs and Foreign Letter of Credit (FLC)..."

The CBI said Chitalia had left the country in the last week of January, as did the prime accused Nirav Modi and Choksi. "He returned to India today when he was detained", added the officer. The Gitanjali VP has been sent in CBI custody until March 17.

Nirav Modi company has also sought copies of the search warrant, Enforcement Case Information Report registered by ED and other documents pursuant to which the search and seizure was conducted by ED at the premises of Firestar Diamond. The ED officials said that the seizures were to verify records to ascertain if the transactions were towards shell companies or they existed beyond paper. He was directly in touch with the deputy manager of the Punjab National Bank, Gokulnath Shetty who was recently arrested by the CBI. He was in judicial custody.

A bench of Justice S. Muralidhar and Justice I.S. Mehta directed the ED to file details including the sequence of events related to the case and listed the matter for March 19 for further hearing.

Me gusta esto: