Punjab National Bank building in Mumbai (Photograph: Brent Lewin/Bloomberg)

Interpol Issues Red Corner Notice Against Mehul Choksi, Says CBI

The Interpol has issued a red corner notice against absconding billionaire Mehul Choksi, who is accused of cheating state-run Punjab National Bank to the tune of Rs 13,000 crore in alleged collusion with his nephew Nirav Modi, said Central Bureau of Investigation officials.

"The Interpol has issued a red corner notice against Mehul Choksi on the request of CBI," CBI spokesperson Abhishek Dayal said.

Choksi, who escaped in the first week of January this year after he and his companies cheated the bank of Rs 7,000 crore, has taken citizenship of Antigua.

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