Mehul Choksi, the fugitive jeweller wanted in India for allegedly swindling ₹ 13,500 crore from Punjab National Bank, has been denied bail by the high court in Dominica on the grounds that he is a “flight risk”, the local media reported on Friday.
Judge Wynante Adrien-Roberts of Dominica High Court also highlighted that Choksi did not have any ties with Dominica and the court could not impose any conditions which will stop him from leaving the country, the Antigua Newsroom reported.
Choksi had approached the high court after the magistrate had rejected his bail petition.
Currently, he has got interim relief from immediate repatriation to India by the Dominican high court, according to the media.
The 62-year-old fugitive will appear before Magistrate court again on Monday on a charge of illegal entry into Dominica, the Antigua Newsroom added.