PNB scam: Mehul Choksi tells employees he can't pay their dues

February 24, 2018 10:18

Nirav Modi's maternal uncle Mehul Choksi has written to his employees telling them that he would not be able to pay their dues.

Modi and Choksi are facing multiple investigations into one of the biggest frauds in the countrys banking history and are accused of defrauding Indias second biggest lender, Punjab National Bank, of an estimated Rs 11400 crore with the help of a couple of bank employees.

Choksi wrote to his employees that he has been facing a lot of problems due to the manner in which multiple investigating agencies have started to create havoc, which are hell bent on stopping the operations.

I will face my destiny and I know I have done nothing wrong and ultimately, the truth shall prevail, said Choksi in the letter provided by his lawyer Sanjay Abbot. Abbot said the letter has been issued to around 3,500 employees based in India.

We dont know how many employees will get the letter as Choksis server has been seized by investigation agencies, added Abbot.

Choksi said the investigating agencies are creating a fear psychosis among his employees.

This kind of unfair treatment, unfair investigation, media frenzy and political statements are making me highly insecure about the safety of myself and my family members, Choksi wrote.

He told the employees that he didnt want them to suffer because of their association or connection with him and therefore they should look for jobs elsewhere.

Choksi also asked them to retain their office laptops and mobile phones till their dues are cleared.

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