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Antiguan Citizen Face Asset Freeze Across 16 Foreign Jurisdictions

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Mehul Choksi’s assets in India, which were attached by ED in 2018, in connection with the PNB fraud case. | Photo Credit: PTI

The Enforcement Directorate has successfully frozen over $1.8 million in assets belonging to Mehul Choksi, a fugitive from Antigua and Barbuda.

This extensive asset freeze includes a diverse range of possessions—ranging from vast parcels of land and residential properties to commercial real estate.

In addition, numerous bank accounts and overseas assets across 16 different foreign jurisdictions have been attached.

These assets are spread across several countries, including the United States, the United Kingdom, and the United Arab Emirates (UAE), as well as Japan, France, Spain, Switzerland, Australia, Singapore, Sri Lanka, China, Hong Kong, Mauritius, Bermuda, the Comoros Islands, and the British Crown dependency of the Isle of Man.

Moreover, Nirav Modi also finds himself entangled in this complex legal matter. Currently, he is incarcerated in a UK prison while facing proceedings for extradition.

Similarly, Mehul Choksi is engaged in a legal battle against an extradition request from India, defending himself against serious charges.

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Choksi, along with his nephew Nirav Modi, is being pursued by Indian authorities in connection with the Punjab National Bank (PNB) scam, in which they are accused of defrauding the bank of over 2 billion dollars

An arrest warrant has been issued for Choksi, and he faces charges in India for criminal conspiracy, breach of trust, cheating, dishonesty related to the delivery of property, corruption, and money laundering.

Choksi received Antiguan and Barbudan citizenship by investment.

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Comments (10)

  • Antigua Surf February 4, 2025, 9:12 AM

    This is what happen to greedy people. but maybe, just maybe, we should begin checking the ones who are just like choksi in antigua. Cause the are right under our nose covering up with po- YES MOMMY

  • Bla February 4, 2025, 8:03 AM

    Yet you are here

  • Don't credit the user, use the credit February 4, 2025, 7:50 AM

    Sorry to pop your bubble but he’s still Antiguan. No matter how he looks, speaks or got his passport, He is still Antiguan.

  • Ben Dover February 3, 2025, 9:16 PM

    How are the Air Peace flights going? I haven’t heard anything about them for a while.

  • Alooenso February 3, 2025, 6:45 PM

    I thought Choski was from India

  • Stone February 3, 2025, 10:37 AM

    It’s like Antigua is the only place that attracts criminals as investors even after due diligence and background checks?.. just asking

  • Faithful National February 3, 2025, 8:49 AM

    As usual, deliberately (?) misleading headlines!

  • Faithful National February 3, 2025, 8:46 AM

    Island Girl is a perfect example of the lowest breed of the race, licking its chops of the prospects of having company in its slime of forever miserable swamp mates !!!!! Absolutely sickening.

  • Anonymous February 3, 2025, 8:45 AM

    Stop calling choski antiguan please, he dont look like us, don’t speak like us , he only have antiguan passpoet because of investment so leave antigua and antiguans out of the criminal activities

  • Island girl February 3, 2025, 7:54 AM

    Choksi is not the only criminal that needs to have their stuff taken away. Plenty in antigua

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