Mehul Choksi, suspected co-conspirator in the $2 billion (£1.43 billion) Punjab National Bank fraud case and fugitive uncle of disgraced celebrity jeweller Nirav Modi, has been arrested in Dominica.

The Indian-born businessman is owner of Gitanjali Group, which formerly ran Gitanjali Gems, one of the world’s largest jewellery retailers.

Choski and Modi are wanted by the Indian government to stand trial for their involvement in the much-publicised Punjab National Bank fraud dating back to 2018.


Choski, who it is claimed was arrested as he attempted to flee to Cuba, is alleged to have committed crimes as varied as money laundering, corruption and criminal conspiracy among others.

However, the Dominican government is not willing to give up the former jewellery mogul just yet, as it has forbid its own authorities from extraditing Choksi to his native India for trial.

This is similar to the legal process which has seen his nephew, Nirav Modi, held in the UK for years since his own arrest.

Modi was first apprehended back in March of 2019 in London after successfully fleeing his own country.

Since then he has been held at the English capital’s Wandsworth Prison, though the UK Government finally approved his extradition in April of this year.

Read more about the legal woes of the once celebrated jeweller below:

UK government approves extradition of disgraced bank scam celebrity jeweller