• Saturday, August 13, 2022

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PNB Scam: Mehul Choksi, Nirav Modi ask employees to explore other career options

Indian Bollywood actress Raima Sen, businessman Mehul Choksi and actress Urvashi Sharma attend the Gitanjali Lifestyle 1,000 m guinea race and Milap fashion show in Mumbai on December 13, 2009.AFP PHOTO/STR. (Photo credit should read STR/AFP/Getty Images)

By: Keerthi Mohan

Nirav Modi’s uncle Mehul Choksi is asserting his innocence in the Punjab National Bank scam, and says he has done nothing wrong. Choksi, owner of Gitanjali Gems, has been accused of being an accomplice in the Rs 11,300 crore PNB fraud and on Saturday he issued a statement to his employees saying that truth shall prevail. “I will face my destiny and I know I have done nothing wrong and ultimately the truth shall prevail,” Choksi said in the letter. He also expressed his helplessness with regard to clearing the dues of his 3,500 employees as investigative agencies have seized his assets. “I…

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