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PNB scam: Mehul Choksi does not want to return to India due to mob lynching trend

Billionaire jeweler Nirav Modi's uncle Mehul Choksi, who is a key accused in the multi-crore Punjab National Bank (PNB) scam, has expressed his reluctance to return to India saying he's scared of the current mob lynching trend in the country.

Choksi wrote to a special CBI court on Wednesday requesting the cancellation of a non-bailable warrant issued against him.


“It is most respectfully submitted that there have been various reported cases of mob lynching and one of the cases was in relation to an accused who was mob lynched while being inside a jail. This recent trend of mob lynching is growing and is attempting to giving justice on the road by the general public, and subsequently there is no prosecution because of non-identification of a particular individual is giving rise to the said tendency (sic),” his plea said.

Choksi said there were many threats to his life and hence his reluctance to reveal his current location. A number of people, including his previous employees, have grievances against him, said Choksi.

The salaries of Choksi's existing employees have not been paid due to freezing of his accounts and they might have a reason to hurt him, believes Choksi. He also sees families of employees who have been arrested and customers whose jewellery has been taken away as threats to his life.

Modi and Choksi are among the main accused in the fraud case pegged at over Rs 13,400 crore. Nearly half-a-dozen cases related to the bank fraud have been registered against them, and the duo left the country even before cases were lodged against them in February.

Last week, India's foreign ministry asked UK, France and Belgium to help track down fugitive jeweler Modi and to restrict his movements. According to some reports, Modi is currently in the UK and he is believed to have sought political asylum.

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Russian oil producers

This also aligns with US sanctions on major Russian oil producers Rosneft and Lukoil, set to take effect on Friday.

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Reliance halts Russian oil imports at export refinery amid global pressure

Highlights

  • Reliance Industries has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in Gujarat.
  • The European Union has barred the import of fuel made from Russian crude, starting January 2026.
  • India's crude oil imports from Russia have surged from 2.5 per cent before the 2022 Ukraine war to around 35.8 per cent in 2024-25.
Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refinery at Jamnagar in Gujarat.

Reliance said the move aims to comply with an EU ban on fuel imports made from Russian oil through third countries, which takes effect next year. It also aligns with US sanctions on major Russian oil producers Rosneft and Lukoil, set to take effect on Friday.

"This transition has been completed ahead of schedule to ensure full compliance with product-import restrictions coming into force on 21 January 2026," Reliance said in a statement.

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