A Mumbai court refused to cancel a non-bailable warrant issued by the Enforcement Directorate (ED) against fugitive diamond merchant Mehul Choksi, a key accused in the PNB scam.
Special judge for Prevention of Money Laundering Act cases VC Barde refused to give relief to Choksi yesterday.
Choksi’s counsel pleaded that his client could not travel to India because of his ill-health and also because there was a threat to his life.
The court will now hear the ED’s petition seeking to declare him a Fugitive Economic Offender under the newly enacted Fugitive Economic Offenders Act. The declaration will pave the way for confiscation of his properties.