Mehul Choksi still an Indian citizen: Indian authorities

11

New Delhi, June 15 | The Indian authorities have described fugitive businessman Mehul Choksi, who is wanted in India in the Rs 13,500 crore Punjab National Bank (PNB) fraud case as an Indian citizen in its affidavit filed in Dominican High Court, saying that his application for renunciation of citizenship was “rejected”.

And noted that he is therefore erroneously claiming renunciation of citizenship under the Citizenship Act, 1955.

The 14-page affidavit filed on June 8 said “the Indian citizenship of Mr MC (Mehul Choksi) has still not ceased as on date and therefore, his claim of renunciation of Indian citizenship is contrary to the laws in India as is completely erroneous”, adding, “the claim of Choksi being bogus, this Honourable court may kindly reject the said erroneous claim at the threshold”.

It further pointed out that Choksi had submitted his Indian passport to Indian High Commission in Georgetown, Guyana, for renouncing his Indian citizenship on December 14, 2018.

“Under Section 8 of the Indian citizenship act, 1955 the declaration of renunciation should be registered and only then a person shall cease to be a citizen of India. Read with Rule 38 of the act, the declaration of registration has to be made to India’s Ministry of Home Affairs through the Indian mission,” it said.

The affidavit further stated that while Choksi did submit his passport, the Indian Home Ministry on January 29, 2019 “found deficiencies in the declaration” and also “noted that Choksi was an economic fugitive offender” advising Indian mission in Guyana to “consider the rejection of his declaration of renunciation”.

The affidavit also pointed out that the Ministry of External Affairs had also in a letter dated October 15, 2019, confirmed that his application of renunciation stood rejected by the Indian High Commission in Guyana and had communicated him on March 15, 2019.

The affidavit stated, “no entries regarding the application for surrender of Indian nationality were made in the consular register of the mission”. This was further confirmed by the MHA in its official memorandum on May 31, 2021.

It said that Choksi’s Indian Passport, number–Z3396732 was issued on September 10, 2015 from Mumbai. He acquired his Antigua and Barbuda nationality on November 16, 2017 with passport number B007713.

The affidavit also said that “concerned authorities may be directed to immediately transfer/deport/handover Choksi to the Indian authorities”.

It also said that India has already raised the issue of cancellation of citizenship of Choksi granted by the Government of Antigua and Barbuda on the grounds that citizenship was fraudulently obtained by Choksi.

The affidavit was filed by consular officer at the High Commission of India to the Commonwealth of Dominica.

It said Choksi is wanted by Indian law enforcement agencies for investigation of the crime committed by him in India.

The Central Bureau of Investigation and the Enforcement Directorate (ED) are probing the PNB bank fraud case against Choksi and his nephew Nirav Modi.

Choksi went missing from Antigua and Barbuda on May 23, sparking a massive manhunt. He was captured in Dominica on May 26, and faces charges of illegal entry.

He had taken the citizenship of Antigua in 2017 and left India on January 4, 2018 days before the case came to light.

Source: IANS

Next Story

Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

LEAVE A REPLY

Please enter your comment!
Please enter your name here