India’s Enforcement Directorate (ED) has expanded its probe into the multi-crore Punjab National Bank (PNB) fraud case, bringing Mehul Choksi’s daughter, Priyanka Choksi, and his brother, Chetan Chunnibhai Choksi, under investigation. The agency is examining their alleged financial links to funds suspected to be connected with the ₹13,000-crore banking scam, along with other transactions related to Choksi’s financial network.
The move follows the filing of a chargesheet against Rohan Choksi, Mehul Choksi’s son, in connection with the case. A special court is expected to take cognisance of the chargesheet and initiate trial proceedings.
The intensified scrutiny comes amid developments in the United Kingdom, where a court has directed Choksi to deposit £800,000 in relation to ongoing legal proceedings. Investigation sources suggest that the ED is examining whether funds are being mobilised through family members or close associates to meet overseas legal expenses and related financial liabilities.
According to officials familiar with the matter, investigators suspect that funds allegedly controlled by Choksi may have been routed through intermediaries and layered transactions to obscure their origin — a pattern that could amount to money laundering. Authorities are assessing whether such funds are being used to finance his legal battles and associated expenditures abroad.
Sources further indicate that the ED is reviewing the broader financial ecosystem surrounding the Choksi family, including alleged political connections that may have been leveraged in the past to delay or evade legal action. Investigators are examining whether influence or networks were used to stall proceedings over the years.
As part of the ongoing probe, authorities are scrutinising transaction records, asset holdings, and financial trails to determine whether any family members facilitated, assisted, or benefited from funds allegedly linked to the fraud.
Under the Fugitive Economic Offenders Act, 2018, individuals accused of economic offences involving ₹100 crore or more who evade Indian jurisdiction may be declared fugitives. Such a declaration enables authorities to confiscate not only the direct proceeds of crime but also other properties owned by the accused, restrict certain legal claims, and expedite asset disposal.
The investigation remains active, with further legal and procedural developments expected in the coming weeks.