Fugitive Indian businessman Mehul Choksi allegedly faces maintenance fees around £63 Lakh for his apartments in Mumbai’s Upscale Malabar Hill Area, according to a member of the company who spoke with or on Monday.
Three residential apartments Mehul Choksi
The member stated that Choksi owns three residential units distributed in the 9th, 10th and 11th floor of the building. For more than seven years, however, he did not pay maintenance fees and contributed to a substantial amount of housing company due.
Also Read: Mehul Choksi arrested in Belgium – How Fraud PNB accused for a year
“It has seven years due. It has three units- 9, 10 and 11. £63 lakh without interest. In 2020, our condominium was reconstructed, the cost of the unit came £30-35 lakh so if you add cost to three units, it will be around £95 Lakh, ”said a member of the company or.
Condition
“Large trees have begun to grow in the apartment and the roots will certainly damage the structural integrity of the building. This is another burden that we have to bear without our guilt. We believe in the legal system of India, ED officials, and hope to get fees,” he added.
This property was attached by the Directorate of Enforcement (ED).
In the significant development of the Belgian federal public service of justice on Monday confirmed that Choksi was arrested on April 12 and is currently held in Belgium. The agency also confirmed that India formally submitted an application for the CHOKSI to return the accusation.
What did the Belgian federal service of justice say?
“The Belgian Federal Public Service of Justice may confirm that Mr. Mehul Choksi was arrested on Saturday, April 12, 2025. He is detained in anticipation of further court proceedings. Access to his / her legal representative,” said the Belgian federal public service of justice or.
They also confirmed that the Indian authorities have made a request for the extraction of Choksi.
“Finally, the Belgian Federal Public Service of Justice may confirm that the Indian authorities have introduced an application for the issue of Mr. Choksi.AS is standard in individual cases, no further details can be published at this stage,” they said.
The 65 -year -old Faculty of Diamond Merchant, who fled from India on January 2, 2018, is searched for by CBI and recovery headquarters (ED) for alleged cheating of the National Bank of Pandjab (PNB) £13 850 crore. His nephew Nirav Modi was also involved in fraud.
We believe in the Indian legal system, ED officials, and we hope to get fees.
Choksi allegedly associated with his collaborators and other PNB officials from 2014 to 2017 and fraudulently received letters about the company and foreign accreditation from PNB, resulting in an unlawful loss of RS. 6097,63 crore on PNB.
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