Skip to content
Search

Latest Stories

Dominica high court adjourns Choksi’s bail plea till June 11

Dominica high court adjourns Choksi’s bail plea till June 11

THE DOMINICA high court has adjourned a hearing on a bail plea filed by fugitive Indian businessman Mehul Choksi till June 11.

Choksi approached the high court after a magistrate rejected his bail petition on June 2.


The bail hearing took place before high court judge Wynante Adrien-Roberts through a video link.

The judge adjourned the matter till June 11, local media reported.

Separately, the high court is also attending to a habeas corpus petition filed by Choksi's lawyers; that hearing has also been adjourned.

Choksi went missing on May 23 from Antigua and Barbuda, where he has been staying since 2018 as a citizen

He was detained in neighbouring Dominica over illegally entering the Caribbean Island. His lawyers alleged that he was kidnapped from Jolly Harbour in Antigua by policemen looking like they were from Antigun and India and brought to Dominica on a boat

Antigua police began investigations into Choksi's alleged kidnapping to neighbouring Dominica after his lawyers filed a complaint there.

The diamantaire is wanted in a £1.32 billion loan fraud case relating to the Punjab National Bank (PNB) in India.

A team of Indian officials travelled to Dominica to try and secure his deportation, but they returned last week after the high court adjourned the matter.

More For You

Bank of England cuts interest rates to 3.75 per cent, signals caution on further reductions

The BoE now expects zero economic growth in the last three months of 2025

Getty Images

Bank of England cuts interest rates to 3.75 per cent, signals caution on further reductions

Highlights

  • BoE reduces benchmark rate by 0.25 percentage points in tight 5-4 vote split.
  • Governor Andrew Bailey warns future cuts will be "closer call" with each reduction.
  • Sterling rises and gilt yields increase as markets react to cautious tone.

The Bank of England cut interest rates to 3.75 per cent on Thursday following a narrow vote by policymakers but signalled the gradual pace of lowering borrowing costs might slow further.

Five Monetary Policy Committee members voted to reduce the benchmark rate by 0.25 percentage points from 4 per cent, marking the fourth cut in 2025. Four members opposed the move, concerned about inflation remaining too high despite recent falls.

Keep ReadingShow less