On Saturday, the same day diamantaire Mehul Choksi was arrested in Belgium at India’s request, Union minister of state for finance Pankaj Chaudhary in New Delhi, handed over a bank demand draft of ₹515.31 crore to Justice (retired) DK Seth. The latter is chairman of the Calcutta high court–appointed Asset Disposal Committee, and the money will be used to pay back defrauded investors in the over ₹17,520 crore Rose Valley Ponzi scam that has its roots in multiple states. Fugitive Indian businessman Mehul Choksi was arrested by Belgium’s Law Enforcement authorities, acting on the request of the Central Bureau of Investigation (CBI) recently. (ANI) The recipients of this money will include 7.5 lakh people across the country who were duped by the Rose Valley Group that promised gullible investors land parcels and time share in hotels. Following investigation by the Enforcement Directorate 3.1 million claims were registered with the high court-appointed Asset Disposal Committee. While the ₹515.31 crore recovered is a relatively small amount, for Rahul Navin, director ED, the recovery was yet another step …