Home / Breaking News / Mehul Choksi: Maharashtra foils Choksi’s plan to rob it of 27 acres in Panvel | Navi Mumbai News

Mehul Choksi: Maharashtra foils Choksi’s plan to rob it of 27 acres in Panvel | Navi Mumbai News

NAVI MUMBAI: While the Panvel tehsildar has submitted a report to the Raigad collectorate listing 32 plots owned by Mehul Choksi or his associates, it has come to light that he bought the land parcels purportedly to set up a special economic zone (SEZ) for his company Gitanjali Gems Ltd (GGL), but intended to sell them at a profit once prices rose.

Of the 27-acre parcels in Chirvat, Sangurli and Turmale villages in Panvel, 27 are under Choksi’s name.

Revealed: A Rs 300 crore Choksi land scam

Choksi and aides own 25 acres in Panvel worth Rs 300 crore at current market prices. His company, Gitanjali Gems Ltd (GGL), was to buy the land in two Panvel villages that fell in the green zone then, with the stated purpose of setting up an SEZ. The Panvel tehsildar’s office is investigating this case.

“We believe he would have tried to profit from the sale of the land. But as the SEZ failed to take off, his intention did not come to fruition,” said an official.


Govt pushes for Choksi’s extradition, says he is still a citizen

Mehul Choksi, who is one of the key people accused of defrauding Punjab National Bank (PNB) of $2 billion, fled India before the accusations surfaced last year. Bringing Choksi back to India would be a boon for Prime Minister Narendra Modi as he tries to bolster his anti-corruption credentials ahead of a general election due by May.

In October last year, the Raigad collector asked the Panvel tehsildar to submit details on land owned by GGL. The Tehsildar replied that no land was available in the name of GGL. Last month, the collectorate asked the tehsildar to recheck the details as there was a March 2008 order by the development commissioner (industries) on a proposed GGL SEZ in Panvel.

The tehsildar, Dipak Akade, submitted his report on Wednesday. “The records of the plots reveal that they are not in the name of GGL,” he told TOI.

The proposed SEZ was cancelled in March 2017 by the Centre. GGL staff met the state’s development commissioner (industries) twice, but the state revoked the SEZ land permission order two months later. Activist Santosh Thakur said, “This was a clever attempt by Choksi to increase his personal fortune. But it came to naught.”

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