CBI registers 3 more cases against Mehul Choksi

The Central Bureau of Investigation (CBI) on Friday registered three more FIRs in Mumbai against fugitive businessman Mehul Choksi for cheating and criminal breach of trust. The FIRs were registered on the complaint of the Deputy General Manager of Punjab National Bank.The first FIR reads that complaint against Mehul Chinubhai Choksi, the Director/Promotor of the holding company viz.M/s Gitanjali Gems Ltd and also a guarantor for credit limits sanctioned to M/s Nakshatra Brands Limited, the Director of M/s Nakshatra Brands Limited viz.Dhanesh Vrajlal Sheth, unknown public servants, if any and others for having committed offence of cheating, criminal misappropriation of assets and criminal breach of trust thereby causing a loss of Rs. 807.72 Crore to the consortium members led by Punjab National Bank.