Jatin Mehta’s close associate held by CBI

The CBI on Monday arrested Hasmukh Shah, an exdirector and authorised signatory of Forever Precious Jewellery and Diamonds, known as Winsome diamonds group, which has allegedly defaulted on loans worth thousands of crore, officials said. It was alleged that Shah was the Man Friday of Jatin Mehta, an absconding accused in the case, who is believed to have escaped to Saint Kitts in the Caribbeans.