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Brand AI

Gitanjali Group

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2018

    Punjab National Bank fraud investigation

    Gitanjali Gems founder and managing director Mehul Choksi was investigated by Indian authorities in connection with alleged fraudulent transactions involving Punjab National Bank. The matter was linked to the broader Nirav Modi banking scandal, and the alleged fraud was reported as involving approximately 14,000 crore rupees. The crisis was followed by the reported closure of Gitanjali Group.

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