India, May 1 -- The Esplanade metropolitan magistrate court has issued a non-bailable warrant (NBW) against fugitive diamantaire Mehul Choksi in connection with a 2022 bank fraud case registered against him and others for allegedly defrauding a consortium of Canara Bank and Bank of Maharashtra to the tune of Rs.55.27 crore.

The court issued the warrant pursuant to a specific request made by the Central Bureau of Investigation (CBI), which is investigating the purported fraud.

The FIR was registered by the CBI in July 2022 based on a written complaint filed by the chief general manager of Canara Bank against Bezel Jewellery (India) Private Limited, its directors Choksi, Chetna Jayantilal Jhaveri, Dinesh Gopaldas Bhatia and Milind Anant L...