Markets regulator Sebi never gave any clean chit report on fugitive businessman Mehul Choksi to Antigua's citizenship-for-investment authority, a senior official said. The regulator is continuing with its probe into alleged violation of capital market regulations by the Mehul Choksi-Nirav Modi duo and their associates, including some brokers in connection with two listed firms — PNB and Gitanjali Gems, the official added.

The regulator will now also consider sending the notices for Choksi to Antigua as the absconding businessman has been granted a citizenship there, the official said. Last week, an Antiguan media report quoted the country's Citizenship by Investment Unit (CIU) as saying that Choksi was granted citizenship there last year after a background check on him got 'no adverse report' from Indian authorities, including Sebi.