• Friday, April 19, 2024

Business

PNB scam: Mehul Choksi chose Antigua for business interest

By: Keerthi Mohan

BUSINESSMAN Mehul Choksi, who is one of the main accused in the Punjab National Bank (PNB) scam, said he chose Antigua for citizenship as he wanted to expand his business in the Caribbean. Choksi, through his lawyer, said he applied for citizenship under the Citizenship by Investment programme. “My application is motivated by my desire to expand my business interest in the Caribbean and to obtain visa-free travel access to 130 or so countries,” the fugitive businessman said in a statement. According to reports, Choksi was granted Antigua citizenship in November and he took an oath of allegiance as a citizen of…

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