Mehul Choksi traced to Dominica, taken into custody

Fugitive businessman Mehul Choksi, who had fled Antigua and Barbuda, has been traced to Dominica and taken into custody by the police. He was traced after a yellow notice by Interpol.

Mehul Choksi and his nephew Nirav Modi are wanted for allegedly siphoning Rs 13,500 crore of public money from the state-run Punjab National Bank (PNB) using letters of undertaking.