Mehul Choksi, the fugitive jeweller wanted in India in connection with the ₹13,500 crore Punjab National Bank (PNB) fraud, has been denied bail by the Dominica high court, news agency ANI reported on Saturday citing local media.
Judge Wynante Adrien-Roberts of Dominica high court denied bail to Mehul Choksi after the conclusion of the submissions made by both sides. The court also highlighted that Mehul Choksi did not offer any strong surety before the court while he sought bail and he is a flight risk too, Antigua Newsroom reported. Choksi's lawyers argued for bail citing medical grounds and not a flight risk.
Mehul Choksi, the fugitive jeweller wanted in India in connection with the ₹13,500 crore Punjab National Bank (PNB) fraud, has been denied bail by the Dominica high court, news agency ANI reported on Saturday citing local media.
Judge Wynante Adrien-Roberts of Dominica high court denied bail to Mehul Choksi after the conclusion of the submissions made by both sides. The court also highlighted that Mehul Choksi did not offer any strong surety before the court while he sought bail and he is a flight risk too, Antigua Newsroom reported. Choksi's lawyers argued for bail citing medical grounds and not a flight risk.