Mehul Choksi asks employees to find other jobs

Diamond trader Mehul Choksi has sent a letter to his employees in India, asking them to look for other avenues of employment in the light of the ongoing controversy surrounding him and his nephew, Nirav Modi.

The duo were booked last month by the CBI, and later by the Enforcement Directorate (ED) , in a fraudulent Letter of Undertaking case, in which officials of the Punjab National Bank have also been named as accused.

Confirming the development, Choksi’s lawyer Sanjay Abbot said the letter was sent by him on Friday.