Sign in

Diamond merchant who bought Modi’s suit cheated of ₹1 crore: Cops

Laljibhai Patel, chairman of Dharmanandan Diamonds Pvt Ltd, had hit the headlines in 2015 when he bought Modi’s much- famed pinstripe suit for ₹4.31 crore in a public auction.

Updated on: Apr 26, 2019, 19:26:50 IST
Surat | By
Share
Share via
  • facebook
  • twitter
  • linkedin
Copy link
  • copy link

A prominent diamond merchant of Surat, who had bought Prime Minister Narendra Modi’s pinstripe suit in an auction in 2015, has been allegedly duped of ₹1 crore by two brothers, police said Friday.

Laljibhai Patel had bought Prime Minister Narendra Modi’s pinstripe suit in an auction in 2015, has been allegedly duped of  ₹1 crore. (PM Unit PIB Tweeter)
Laljibhai Patel had bought Prime Minister Narendra Modi’s pinstripe suit in an auction in 2015, has been allegedly duped of ₹1 crore. (PM Unit PIB Tweeter)

Laljibhai Patel, chairman of Dharmanandan Diamonds Pvt Ltd, had hit the headlines in 2015 when he bought Modi’s much- famed pinstripe suit for ₹4.31 crore in a public auction here.

Now, it has been alleged that two brothers - Himmat and Vijay Koshia - had cheated Patel’s firm by not making payment towards rough diamonds they had taken on credit last year.

A complaint in this regard was registered at the Katargam police station of Surat on April 22 by the manager of Dharmanandan Diamonds, Kamlesh Kevadiya, the police said.

As per the FIR, the Koshia brothers had won the trust of the company and allegedly taken rough diamonds weighing 1,500 carats and worth ₹1 crore on credit in October 2018.

In his complaint, Kevadiya claimed the duo, who are on the run now, had promised to make the payment in 120 days, which is a norm in the diamond industry.

However, when Kevadiya called them up for the payment after the lapse of credit period, their mobile phones were found to be switched off, the FIR said.

The Koshia brothers also went untraceable and their office in the Katargam area was found locked, he told the police.

According to police inspector Z N Ghasura, the Koshia brothers had cheated other diamond traders, too, in the past.

“We have taken the complaint and started our investigation. We have learned that Koshia brothers, who are yet to be arrested, had cheated other firms in the past and a complaint against them was registered at the Varachha police station some time back,” said Ghasura.

  • HT News Desk
    ABOUT THE AUTHOR
    HT News Desk

    Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More