Where’s your father, country waiting to give him red carpet: SC to Choksi’s son
In a scathing remark, the Supreme Court of India has dismissed a petition filed by Mehul Choksi’s son, asking him a poignant question – “Where’s your respected father nowadays? The country is waiting to give him a red-carpet welcome.” The court’s statement comes in response to a petition filed by Choksi’s son against the National Spot Exchange Limited’s (NSEL) decision to include him in a ₹937-crore recovery suit.
Mehul Choksi, a fugitive businessman, is an accused in the Punjab National Bank (PNB) scam, which is one of the largest banking scams in Indian history. The scam, which came to light in 2018, involved the fraudulent issuance of Letters of Undertaking (LoUs) worth ₹13,700 crore to Choksi’s companies. Choksi, along with his nephew Nirav Modi, is alleged to have siphoned off the funds, leaving the bank with a massive loss.
The Supreme Court’s remark is significant, as it highlights the country’s eagerness to bring Choksi to justice. The court’s statement is not just a rebuke to Choksi’s son but also a reminder to the fugitive businessman that he cannot escape the long arm of the law. The “red-carpet welcome” remark is a sarcastic reference to the fact that Choksi will be given a warm welcome by the Indian authorities when he is finally brought back to the country to face trial.
The NSEL’s decision to include Choksi’s son in the recovery suit is based on the fact that he is a beneficiary of the funds siphoned off by his father. The recovery suit is an attempt to recover the losses incurred by the NSEL due to the fraudulent activities of Choksi and his companies. By including Choksi’s son in the suit, the NSEL is trying to ensure that all those who have benefited from the scam are held accountable.
The Supreme Court’s dismissal of the petition is a significant setback for Choksi’s son, who was trying to avoid being held liable for his father’s actions. The court’s decision is a clear indication that the judiciary will not tolerate any attempts to shield those who have been involved in the scam.
The PNB scam has been a major embarrassment for the Indian banking system, and the government has been under pressure to bring the accused to justice. The extradition of Mehul Choksi and Nirav Modi has been a top priority for the government, with the authorities working closely with their international counterparts to track down the fugitive businessmen.
In recent months, there have been reports of Choksi’s attempts to avoid extradition, with him claiming that he is too ill to travel. However, the Indian authorities have been skeptical of his claims, and the Supreme Court’s remark is a clear indication that the country is not buying his excuses.
The Supreme Court’s decision is a significant development in the PNB scam case, and it sends a strong message to those who have been involved in the scam that they will be held accountable. The “red-carpet welcome” remark is a reminder to Mehul Choksi that he cannot escape the law, and that the country is waiting to bring him to justice.
In conclusion, the Supreme Court’s remark to Choksi’s son is a significant development in the PNB scam case. The court’s decision to dismiss the petition and include Choksi’s son in the recovery suit is a clear indication that the judiciary will not tolerate any attempts to shield those who have been involved in the scam. The “red-carpet welcome” remark is a sarcastic reference to the fact that Choksi will be given a warm welcome by the Indian authorities when he is finally brought back to the country to face trial.
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