Earlier, the government has sacked two executive directors of Nirav Modi scam-hit Punjab National Bank (PNB) for their alleged failure in exercising proper control over the functioning of the bank.
Reacting to Mehul Choksi's surrender of his Indian passport, Home Minister Rajnath Singh on Monday asserted that those who have fled would be brought back.
'Our government has passed Fugitive Economic Offenders bill. Those who have fled, will be brought back. It might take some time but they all will be brought back", he said.
Mehul Choksi, one of the key architect of the Rs 14,000 crore PNB fraud has surrendered his Indian citizenship. Absconding Choksi is currently in Antigua where he took citizenship last year. He has deposited his Indian passport to the Antiguan authorities. Passport number Z. 3396732 has been deposited with cancelled pages. He has also deposited the mandatory $177 dollar for leaving Indian citizenship.
Amit Narang, Joint Secretary, in the Ministry of External Affairs has informed the authorities back home about this development, which comes as a blow to the central government. In the form he has filled regarding relinquishing Indian citizenship, Choksi has given Jolly Harbour in Antigua as his new residence. The absconding business has informed the authorities that he has taken Antiguan citizenship and hence as per rules is looking to relinquish Indian passport.
Earlier, the government has sacked two executive directors of Nirav Modi scam-hit Punjab National Bank (PNB) for their alleged failure in exercising proper control over the functioning of the bank.
Their services were terminated from January 18, as per the Finance Ministry notification.
The central government has removed K V Brahmaji Rao and Sanjiv Sharan from the office of Executive Director (ED) of PNB with immediate effect, it said.
It is alleged that there were procedural lapses on part of both the EDs as they fail to take cognisance of the Reserve Bank of India advice of linking SWIFT (Society for Worldwide Interbank Financial Telecommunication) with Core Banking Solution (CBS) system of the bank.
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 "PNB scam: Those who have fled, will be brought back, says Rajnath Singh on Mehul Choksi")
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