Home News Reports 'The government has started to create havoc': Mehul Choksi writes to his employees, plays victim

‘The government has started to create havoc’: Mehul Choksi writes to his employees, plays victim

In a letter released by Gitanjali Gems promoter Mehul Choksi to his employees, Choksi has asked them to look for jobs elsewhere as his company is not in a position to pay current and future dues as all assets are sealed by the investigating agencies.

As reported by Republic TV, in his letter released by his lawyer Sanjay Abbot, Choksi claims that the operations have come to a standstill as the government and investigating agencies have ‘started to create havoc’ and are ‘hell-bent’ on stopping operations’. He says a ‘situation of fear and injustice has been created against him and his organisation’. He claims innocence and says that while the investigation takes its course, the operations in his company have come to a standstill and it would make it difficult to pay the dues and salaries of employees currently as well as in future. Keeping that in view, he has requested the employees to look for other career opportunities. He also promised to pay the past dues of the employees, once things return to normalcy.

Diamond merchant Nirav Modi and his maternal uncle and business partner Mehul Choksi are accused in the multi-crore Punjab National Bank (PNB) fraud case. Recently, the Enforcement Directorate had seized several premium cars, including a Rolls Royce Ghost, Porsche Panamera, 2 Mercedes Benz among others, belonging to Nirav Modi and his companies.

- Advertisement - - Article resumes -

The Enforcement Directorate had issued a summons for appearance to Nirav Modi and Mehul Choksi, for their involvement in the Rs. 11,400 crore PNB fraud. The summons was issued under the Prevention of Money Laundering Act (PMLA).

Meanwhile, the ED has raided several offices and showrooms of Nirav Modi and Choksi and recovered Rs. 5100 crore in gems, jewellery and gold. The case was registered against them after the Punjab National Bank had registered complaints with Law Enforcement authorities alleging fraud.

On 31st January, CBI had booked Nirav Modi and others in a separate case of cheating worth Rs. 280 crore after a complaint by PNB. It is being probed whether the proceeds of the crime were converted into black money and used to create illegal assets. Mehul Choksi has been involved in shady dealings in the past. After an investigation by SEBI, Mehul Choksi and a set of firms were suspected of market manipulation and subsequently barred from trading for a period of six months.

Acting on the advice of the ED, the Ministry of External Affairs has suspended the passports of Nirav Modi and Mehul Choksi for four weeks with immediate effect.

Share This Post With Your Friends & Fans:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Election 2019 Live Updates

Track all the updates on one page as the results and trends trickle in

Shehla Rashid remembers 2014, says she had wanted Kejriwal as PM

Shehla Rashid loses it early on counting day, says “Felt like a Muslim when ‘mass murderer’ won in 2014”

As early trends show an NDA victory, Shehla Rashid calls him a mass murderer, says she had wanted Arvind Kejriwal as PM in 2014 and she had felt like a 'Muslim'.

Live updates: According to EC, BJP leading in 299 seats on their own, clocks victory in 2, taking their tally possibly to 301

Latest results, trends, updates, and news about 2019 Lok Sabha election counting. Find out who will form the next government.
NYT peddles Modi 2.0 as victory of India's most divisive leader

Dear New York Times, India has chosen Modi 2.0, deal with it

When India gives a thumping, unprecedented, overwhelming victory to a man who has made every single Indian feel proud of their nation and heritage, the NYT's heartburn is expected. 
Rana Ayyub had a meltdown seeing BJP securing an unprecedented victory

Unprecedented Modi victory triggers meltdown for controversial journalist Rana Ayyub

Prospect of a stunning Narendra Modi victory in 2019 Lok Sabha election triggered a mental collapse for controversial journalist Rana Ayyub

IIT graduate and an IAS officer explains in detail why EVMs can’t be ‘hacked’ or ‘tampered’ with

Bhavesh Mishra, IAS 2015 batch, B.Tech IIT Delhi, on Quora gave a detailed explanation regarding why EVMs cannot be 'hacked' or 'tampered' with.
Reactions of Liberals after NDA appearing to secure majority

‘Liberals’ have a meltdown as result day trends indicate a massive victory for PM Modi

Trends indicate that Prime Minister Narendra Modi will once again take an oath for the post of Prime Minister. This has not gone down well with the Liberal intelligentsia and they are losing their cool over this prospect

Kanhaiya Kumar’s family uses LPG stove to prepare for his victory, contrary to his claims just a few weeks ago

Kanhaiya had claimed that his mother cooked on a Chullah and not on an LPG stove as it was not viable because of being too expensive and also exhausted within 3-4 days.

Barkha Dutt expresses deep anguish over the fact that the mainstream media can no longer influence elections

Barkha said it doesn't make her happy that mainstream media cannot influence the voters to vote in a particular way anymore.

AAP’s Sanjay Singh wants Arnab Goswami to either go to a mental asylum, be jailed or drowned

AAP's Sanjay Singh was reacting to a clip by Arnab where he was mocking the Opposition for their EVM drama
PM Modi slammed Mayawati for not defending the people of UP and Bihar against TMC government's accusations

23rd May 2019: When the future of Bengal politics was changed forever

Whatever the ultimate result may be, one thing is for certain, going into the 2021 Assembly Elections in the state, for the first time in history, West Bengal will have a party of saffron hue as the primary opposition.
Subscribe to Day's Top Stories

Latest articles

Connect with us

164,557FansLike
142,056FollowersFollow
64,404SubscribersSubscribe
Share This Post With Your Friends & Fans: