Mehul Choksi, the infamous diamond businessman, who has fled the country along with his nephew Nirav Modi, has also defrauded Jammu and Kashmir Bank of Rs 152 crore, which he had taken in the form of loan from the Bank for ‘Gitanjali Gems’. Confirming this to the Kashmir Post, official sources said Jammu and Kashmir Bank’s Fort branch had sanctioned loan of Rs 121 crore to Mehul Choksi for his diamond showroom ‘Gitanjali Gems’ in Mumbai in the year 2012. However, Choksi, Chairman and Managing Director of Gitanjali Gems turned…
Read MoreJ&K Bank Hit -Choksi defrauded J&K Bank worth about Rs 152 Cr
