Harshad Mehta scam: Wife Jyoti breaks silence

Nearly 21 years after the scam-accused stock broker Harshad Mehta died of a heart attack in prison, his wife, Jyoti, has claimed he died of medical negligence as jail authorities denied him treatment for nearly four hours.

She also stated that her family has been harassed by the Income Tax Department and custodian for nearly three decades despite winning more than 1,200 large cases filed against them in various judicial forums. Mehta was accused of bank fraud in 1992.

Harshad Mehta opens up on the case against him

Video Credit: www.harshadmehta.in

His family recently launched a website in his name, https://www.harshadmehta.in/, where his wife wrote:  “After Harshad’s demise and suffering 3 rounds of illegal assessments we have already won more than 1,200 large cases and brought down the illegal demands from ₹30,000 crore to ₹4,000 crore and also secured refunds to the Custodian of ₹814.33 crore and further refunds of about ₹5,500 crores are already overdue and not being made by the I-T department.” 

She further claimed that when the remaining appeals are heard the claims of revenue would fall to about ₹200 crore and this would entail further refunds.

Harshad Mehta, arrested by the Central Bureau of Investigation in connection with the multicrore stock scam, being taken to the Esplande Court in Bombay in June 1992. (Source: The Hindu Archives)

Harshad Mehta, arrested by the Central Bureau of Investigation in connection with the multicrore stock scam, being taken to the Esplande Court in Bombay in June 1992. (Source: The Hindu Archives)

“Thus, we have thwarted the plan of the I-T Department and Custodian to usurp ₹3,285.46 crore released to…

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