Alleged Drug Lords and Billion-Dollar Fraudsters – The CIP-Country Response

Three purported criminals have made headlines for their reported connections to CIP-countries this week. We’ve summarized the stories. Mehul Choksi – Alleged perpetrator of India’s biggest ever bank-fraud India’s Central Bureau of Investigation wants Antigua & Barbuda’s authorities – who have confirmed that the man is a citizen of and currently present in the country –

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Choksi-Case: India to Request Extradition, Choksi Appeals to High Court to Prevent it

Indian officials have received confirmation from Antigua that Mehul Choksi is in the country and will move to request extradition soon. The Antigua & Barbuda CIU, meanwhile, has issued a press release explaining the due diligence conducted on Mr. Choksi, and what they discovered during the process. For background on the Choksi-case, see Due Diligence Blunder?

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CIUs Can’t be Expected to Reject Applicants Whose Alleged Crimes Are not Yet Known

Opinion of the Editor: The Antigua & Barbuda CIU came under fire this week after revealing they had granted citizenship to a man – wanted by Indian authorities over an alleged fraud case – months before any suspicion was raised. That’s unreasonable. Indian businessman Mehul Choksi stands accused of defrauding the Punjab National Bank of

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Indian Investigators Ask for Choksi’s Whereabouts, Antigua Govt. Will Cooperate “Within the Law”

India’s Central Bureau of Investigation has formally requested that Antiguan authorities account for the whereabouts of Mehul Choksi. Responding to the case, Antigua & Barbuda’s government says it will honor “legitimate requests, within the law” for the man to be returned to India. The Antigua Observer reports that Lionel “Max” Hurst, Chief of Staff with

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Due Diligence Blunder? Indian Billionaire Wanted for $2Bn Fraud Gets Antigua Citizenship

Mehul Choksi, an Indian billionaire diamond-magnate whose passport Indian authorities revoked earlier this year in conjunction with their issuing of an arrest warrant for the man, has obtained a citizenship in Antigua & Barbuda, as confirmed by that country’s Citizenship by Investment Unit (CIU). Choksi – owner of the Gitanjali Group, a jewelry empire with over

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