Choksi's bail plea rejected by Belgian court of appeal
New Delhi (PTI): The bail plea of fugitive diamonds trader Mehul Choksi, wanted in India in connection with over Rs 6300-crore fraud in the Punjab National Bank (PNB), has again been turned down by a court of appeal in Belgium, just ahead of his extradition hearing before a court in that country, officials said.
The court rejected the appeal on strong reasons conveyed by the CBI to the Belgian prosecution that Choksi had escaped from many jurisdictions earlier as well to evade legal proceedings and may flee to another country if let out on bail, they said.
Choksi was arrested in Belgium in April on the basis of an extradition request sent by the CBI, they said.
His earlier bail application, heard by the Court of Cassation in Belgium, was also rejected, they said
Choksi filed another bail application on August 22 and offered to be under house arrest -- under surveillance at home -- but the court of appeal rejected it earlier this week, they said.
The arguments in the extradition case of 66-year-old Choksi, the owner of Gitanjali Group, will be taken up in a court in Belgium in mid-September, they said.
The CBI will assist the Belgian prosecution in putting forth a strong case to send him back to India to face trial in cases against him.
Choksi and his nephew Nirav Modi are wanted in the Rs 13000 crore fraud in Punjab National Bank that they allegedly orchestrated through fraudulent Letters of Undertaking in connivance with some bank officials at the Brady House branch in Mumbai, they said.
Modi, declared a fugitive economic offender, has been lodged in a London jail since he was held by the authorities there in 2019 on the basis of a legal request made by the ED and the CBI in this case. He is contesting extradition to India.
The CBI had sent a team of officials to Brussels who provided details of the case, evidence and documents to the Belgian prosecution, who will be presenting the case. The CBI will also hire a European law firm to assist in the case, they said.
Choksi is facing cases under the Indian Penal Code (IPC) sections related to criminal conspiracy, cheating and falsification of accounts, besides provisions of Prevention of Corruption which all constitute crimes in Belgium as well. This helps to invoke the dual criminality clause of the extradition treaty while seeking his extradition.
The CBI has also invoked the United Nations Convention against Transnational Organized Crime (UNTOC) and the United Nations Convention against Corruption (UNCAC) in its extradition request.
At least two open-ended arrest warrants, issued by a special court in Mumbai in 2018 and 2021, have been shared by the Indian agencies with their Belgian counterparts as part of the extradition request, the sources said.
According to the investigating agencies, officials at PNB's Brady House branch in Mumbai issued 165 LoUs and 58 FLCs during March-April 2017, against which 311 bills were discounted.
These LoUs and FLCs were allegedly issued to Choksi's firms without any sanctioned limit or cash margin and without making entries in PNB's central banking system to evade any scrutiny in case of a default.
LoUs are a guarantee given by a bank on behalf of its client to a foreign bank. If the client does not repay the foreign bank, the liability falls on the guarantor bank.
Based on these LoUs by PNB, money was lent by SBI, Mauritius; Allahabad Bank, Hong Kong; Axis Bank, Hong Kong; Bank of India, Antwerp; Canara Bank, Manama; and State Bank of India, Frankfurt.
"Since the accused companies did not repay the amount availed against the said fraudulent LoUs and FLCs, PNB made the payment of Rs 6,344.97 crore (USD 965.18 million), including the overdue interest, to the overseas banks, which had advanced buyer's credit and discounted the bills against the fraudulent LoUs and FLCs issued by the PNB," the CBI's supplementary charge sheet in the PNB bank fraud case had alleged.
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Malian defence minister killed in attack that saw jihadis and rebels seize towns, military bases
Dakar (AP): Malian Minister of Defence Gen. Sadio Camara was killed in an attack as jihadi and rebel forces seized towns and military bases across the country, according to a military officer and two other sources on Sunday.
There was no immediate comment from the Malian government.
“Unfortunately, the Ministry of Defence, Gen. Sadio Camara, has been killed during the attack which targeted his house yesterday,” said a military official who spoke on condition of anonymity because he did not have permission to speak to the media.
Two other people, a civil society leader and a security member, confirmed the information.
Separatist fighters on Saturday joined Islamic militants in launching one of the biggest coordinated attacks on the Malian army in the capital and several other cities that left at least 16 wounded.
The separatists have been fighting for years to create an independent state in northern Mali, while al-Qaida and Islamic State group-aligned militants have been fighting the government for over a decade.
Malian troops and Russian mercenaries withdrew from the northern city of Kidal after the attacks, the rebels said Sunday.
A spokesperson for the Tuareg-led Azawad Liberation Front, or FLA, a separatist group, said the Russian Africa Corps troops and the Malian military withdrew from the city after an agreement was reached for their peaceful exit.
“Kidal is declared free,” said FLA spokesperson Mohamed El Maouloud Ramadan.
The Malian army did not respond to requests for comment but in an earlier statement said they were “tracking down terrorist armed groups in Kidal.”
The separatists have been fighting for years to create an independent state in northern Mali. Kidal had long served as a stronghold of the rebellion before being taken by Malian government forces and Russian mercenaries in 2023. Its capture marked a significant symbolic victory for the junta and its Russian allies.
It was the first time the separatists worked alongside the al-Qaida-linked militant group JNIM, which also claimed responsibility for Saturday's attacks on Bamako's international airport and four other cities, including Kidal, in central and northern Mali.
“This operation is being carried out in partnership with the JNIM, which is also committed to defending the people against the military regime in Bamako,” Ramadan said.
Wassim Nasr, a Sahel specialist and senior research fellow at the Soufan Center security think tank, said that the coordination between the two groups, as well as the explicit call for the Russian military to leave, is new.
“The coordination, conducting attacks all over the country at the same time, real coordination on the military level but also on the political level because both claims of both groups they acknowledged that they worked together, this is a first,” said Nasr.
Mali government spokesperson Gen. Issa Ousmane Coulibaly said on state television late Saturday that 16 people were wounded, including civilians and military personnel, and that several militants were killed. He did not provide a death toll.
The governor of Bamako's district, Abdoulaye Coulibaly, announced a three-day overnight curfew, from 9 p.m. to 6 a.m.
The Economic Community of West African States has condemned the attacks and called on “all states, security forces, regional mechanisms and populations of West Africa to unite and mobilize in a coordinated effort to combat this scourge.”
The separatists called on Russia to “reconsider its support for the military junta in Bamako, whose actions have contributed to the suffering of the civilian population.”
Following military coups, the juntas in Mali, Niger, and Burkina Faso turned from Western allies to Russia for help in combating Islamic militants. But the security situation has worsened in recent times, with a record number of attacks by militants. Government forces have also been accused of killing civilians they suspect of collaborating with militants.
In 2024, an al-Qaida-linked group claimed an attack on Bamako's airport and a military training camp in the capital, killing scores of people.
Ulf Laessing, head of the Sahel program at the Konrad Adenauer Foundation, said that while the attacks were a major blow to the credibility of Mali's Russian partners, JNIM is unlikely to take control of Bamako in the near term due to opposition from the local population.
“The attacks are a major blow to Russia as the mercenaries had no intelligence about the attacks and were unable to protect major cities. They have unnecessarily worsened the conflict by not distinguishing between civilians and combatants,” Laessing said.
