An order by a PMLA court in Mumbai has paved the way for auctioning of Rs 2,566-crore worth of properties of fugitive businessman Mehul Choksi. These properties were attached by the Enforcement Directorate (ED) in the Rs 6,000-crore PNB bank fraud case.
The ED has already started the process of handing over the properties to the liquidator and assets worth Rs 125 crore have been handed over to the liquidator of Gitanjali Gems, the company once owned by Mehul Choksi.
“The handed over properties include flats situated at Mumbai and two factories/ godowns situated at SEEPZ Mumbai. Restitution of the rest of the properties is also in progress,” said the enforcement directorate in a press statement.
Mehul Choksi has…
