close
Breaking news

A new line of argument has already come to dominate the public sphere: it’...read more The government has gone one step further to detect community spread of the coro...read more The government has issued an order to abolish the six allowances, including the...read more Aarogya Setu application launched by NIC is aimed to track COVID-19 affected pe...read more SEOUL| South Korea’s unemployment rate was unchanged in April as the coronavi...read more Amid the outbreak of Corona pandemic in the country, Indian government has been...read more Prime Minister Narendra Modi in his address to the nation on Tuesday indicated ...read more Corona infection in the country is taking a macabre form. So far, more than 74 ...read more Congress General Secretary Priyanka Gandhi Vadra has written a letter to UP Chi...read more On Tuesday, Prime Minister Narendra Modi announced a package of Rs 20 lakh cror...read more

Mehul Choksi Tops Willful Defaulters’ List Received in RTI Reply

Mehul Choksi Latest News

Mehul Choksi has topped the list of 50 willful defaulters in the country. Mehul owned firm Gitanjali Gems Limited, has a liability of Rs 5492 crore among the 68,607 Cr waived off by the banks.

Activist Saket Gokhale has filed an RTI in which he asked the names of top 50 willful defaulters and their current account status till February. Saket told the media, that he asked it purposefully, as Finance Minister Nirmala Sitharaman and Minister of States for Finance Anurag Thakur didn’t respond to this question raised by Rahul Gandhi during Parliament’s Budget Session.

According to the RTI reply, this amount has been written off technically in September 2019.

The second place in this list is of REI Agro Limited, which took loans of Rs 4,314 crore. Its directors Sandeep Jhunjhunwala and Sanjay Jhunjhunwala have been under the investigation of the Enforcement Directorate (ED) for more than a year.

In this list of 50 top willful defaulters, Mehul Choksi’s corruption-ridden company Gitanjali Gems Limited tops, with a liability of Rs 5,492 crore. Apart from this, other group companies are Gili India Limited and Nakshatra Brands Limited, which took loans of Rs 1,447 crore and Rs 1,109 crore respectively.

While Mehul Choksi is in Antigua’s Barbados Island, his nephew and another absconding diamond merchant, Nirav Modi is in London.

Story Page

Download Our Mobile App