Nirav Modi had made a last-ditch bail application in November last year with an "unprecedented" house arrest guarantee, akin to those imposed on terrorist suspects.
Choksi, the alleged partner-in-crime of his nephew Nirav Modi in the banking fraud, refused to say anything further on the issue, on the advice of his lawyers.
PNB scam: Court orders issuance of non-bailable warrant against absconding diamond merchant Mehul Choksi
The chargesheet names managing director of Gitanjali group Mehul Choksi, former PNB managing director and CEO Usha Ananthasubramanian and two serving executive directors of PNB.
PNB scam: CBI may soon file charge sheet against those arrested; probe against Nirav Modi, Mehul Choski still on
The probe against those absconding, such as Modi, Choksi, and their relatives, is still on, and the agency may take time to finalise their roles in the case, officials said.
Central Vigilance Commission awaits detailed report; calls Punjab Natioal Bank auditors in fraud case
The watchdog asserted the need for strengthening the preventive vigilance mechanism, ensuring procedures were not just routinely followed but that the veracity of reports was verified.
With more bank default cases surfacing across the country for the past few months, the bank officials are more cautious while accepting business loan applications.
CBI had Tuesday informed the court it had added 'criminal breach of trust' charge to the case related to diamond trader Mehul Choksi's firms.
PNB has taken a series of measures to check misuse of SWIFT message platform allegedly used by Nirav Modi and his associates to defraud the bank of Rs 1,2967.86 crore, the Finance Ministry said.
The CBI on Thursday said that it has registered a fresh case against diamantaire Nirav Modi for causing a loss of Rs 321 crore to Punjab National Bank.
External Affairs Ministry spokesperson said that with the receipt of the notification, Modi is bound to reply within a stipulated time to the notice and the charges that have been explained to him.
The investigations into the multi-billion dollar Punjab National Bank scam reached Coimbatore when sleuths of the Central Bureau of Investigation (CBI) grilled one of the independent directors of the
State-owned UCO Bank today said it has exposure of USD 411.82 million (about Rs 2,636 crore) in the Rs 11,400-crore PNB fraud committed by billionaire jeweller Nirav Modi and his associates.
Days after the Rs 11,400 crore fraud at PNB shook the country, private sector City Union Bank today said it suffered three fraudulent remittances of nearly Rs 12.8 crore.
According to the Central Bureau of Investigation, diamond czar Nirav Modi and Mehul Choksi already left the country in January, before an FIR was registered in the Punjab National Bank fraud case.
BJP questioned why the Allahabad Bank approved the loan, purportedly related to Mehul Choksi and Nirav Modi, though it was opposed by one of its directors, and wondered "who pressured the bank".