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Choksi diverted over Rs 3,250-cr to foreign shores, sold jewellery at inflated prices: ED

Source : 212   On   12 Sep 2018
Home   >   All Articles  >   Choksi diverted over Rs 3,250-cr to foreign shores, sold jewellery at inflated prices: ED
 
 
 
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The agency, which is probing the $2 billion (about Rs 13,000 crore) alleged bank fraud that also involved his nephew Nirav Modi, said Choksi was "using several dummy companies" to rotate funds and to divert money for his personal use.