Choksi had left India just before CBI registered an FIR against him and his nephew Nirav Modi in February 2018. After sustained efforts by the CBI and Enforcement Directorate (ED), Interpol last month published a Red Notice against him.
Mehul Choksi said that while he had submitted correspondences exchanged with PNB to settle the dues, the ED – while filing its application under the new Fugitive Economic Offenders Act, 2018 – “had not even mentioned” this.
The SFIO is a statutory body, under the Ministry of Corporate Affairs and investigates matters related to serious fraud in a company. The power to make arrests under Section 212 (8) of the Act was granted to SFIO in August last year.
“The FM must either defend himself or resign pending further investigation. If he opts for none, the PM must recommend to the President to remove the FM from his Cabinet. If none of these happens the entire Opposition should demand resignation of the PM,” Mishra wrote sharing Gandhi’s tweet.