Mehul choksi net worth | Mehul Chinubhai Choksi is a wanted Indian businessman who is currently residing in Antigua and Barbuda. He is wanted by Indian authorities for criminal conspiracy, criminal breach of trust, cheating and dishonesty, including delivery of property, corruption, and money laundering.
Mehul choksi net worth: INR 13,500 crore
Choksi stated in an interview that he is innocent and that all allegations against him are false, baseless, and motivated by political expediency.
Choksi is an Antiguan national and the founder of the Gitanjali Group, a retail jewellery company with 4,000 stores in India.
Formalized paraphrase An arrest warrant has been issued for Choksi in connection with the alleged Punjab National Bank fraud case.
Mehul Choksi was born in Bombay on May 5, 1959, as the son of Chinubhai Choksi. He received his education at G. D. Modi College in Palanpur, Gujarat.
Chetan Chinubhai Choksi, his younger brother, owned and operated Diminco NV, a diamond company based in Antwerp that had defaulted on a US$25.8 million payment to an ICICI Bank subsidiary.
In 2013, the bank filed a lawsuit against Diminco NV in commercial courts in Belgium and the United Kingdom.