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By:

Shoma A. Chatterji

21 August 2024 at 4:19:40 pm

When the Red Flag Fades

Srijit Mukherji is arguably the most prolific filmmaker in Bengali cinema. His prodigious output inevitably raises questions about his versatility and creative consistency, just as his impressive tally of awards invites scrutiny of his artistic credentials. Yet his recent films, Shotti Bole Shotti Kichu Nei and Padatik, a bio-fiction on filmmaker Mrinal Sen, demonstrate his creative range and assured choice of subjects. With Winkle Twinkle, Mukherji reinforces his standing as one of the more...

When the Red Flag Fades

Srijit Mukherji is arguably the most prolific filmmaker in Bengali cinema. His prodigious output inevitably raises questions about his versatility and creative consistency, just as his impressive tally of awards invites scrutiny of his artistic credentials. Yet his recent films, Shotti Bole Shotti Kichu Nei and Padatik, a bio-fiction on filmmaker Mrinal Sen, demonstrate his creative range and assured choice of subjects. With Winkle Twinkle, Mukherji reinforces his standing as one of the more distinctive and enduring filmmakers in Indian cinema. Sixteen years after his directorial debut, Autograph, a personal take on Satyajit Ray’s Nayak, he continues to experiment with form and subject. Like several of Mukherji’s films, Winkle Twinkle draws inspiration from a celebrated Bengali play of the same name, written by Bratya Basu and staged in 2002. Basu, a formidable figure in Bengali theatre before turning to full-time politics, had drawn on Washington Irving’s Rip Van Winkle, first published in 1819. Irving’s protagonist falls asleep and wakes up years later to discover that the world has changed beyond recognition while he remains essentially the same. Mukherji and screenwriter Padmanabha Dasgupta transpose this premise to contemporary Kolkata, turning it into a sharp political allegory. Sabyasachi Sen, a committed Communist activist, is presumed killed in police firing during the Emergency in 1976. His body is never found. In reality, he falls asleep and awakens in 2002, physically unchanged but confronted by a world that has moved on without him. The shock begins at home. His wife has aged, and his children have grown up. His son, Indro, who idolised Che Guevara alongside his father as a child, has become an active supporter of the Trinamool Congress. He has little patience for his father’s unwavering allegiance to the CPI(M), a party whose ideological universe has been shaken by the collapse of the Soviet Union. His daughter, born after his disappearance, studies at Indira Gandhi University, a name that evokes for Sabyasachi only the prime minister associated with the Emergency. Posters announcing Mamata Banerjee’s rise confront him on Kolkata’s streets. The political landscape has changed beyond recognition, but Sabyasachi cannot accept that the movement to which he devoted his life has lost its former certainty. Technology bewilders him. More distressing, however, is the discovery that an old party comrade has become a leader of a new political formation and amassed wealth through dubious means. The revolutionary’s world has not merely changed; its moral foundations appear to have crumbled. His wife, once his comrade and fellow traveller, offers him refuge, welcoming his return with affection. Their son, however, refuses to accept him readily. The father-son conflict becomes a confrontation between two political generations: one shaped by ideological conviction and sacrifice, the other by a more pragmatic politics of power. The film moves back and forth through time, mirroring Sabyasachi’s bewilderment and drawing the audience into his confusion. Politics, technology, education and popular culture have all changed, often in ways he cannot comprehend. Some of the sharpest moments are also the most humorous. Sabyasachi recalls filmmaker Ritwik Ghatak marching in a Marxist procession, unaware of how cinema has changed and that another Hrithik — Roshan — is now the more familiar name. When a man at a tea stall expresses astonishment that he has never heard of Sachin Tendulkar, Sabyasachi walks away, explaining that the only Sachin he knows is Sachin Dev Burman. A particularly telling image captures the film’s political imagination: a street magician’s scarf changes from red to green. The symbolism is unmistakable. The red of the Left, once dominant in Bengal, gives way to the green associated with the Trinamool Congress. The cinematography is equally impressive, particularly the transition from colour to black-and-white when the narrative revisits the past. Ritwik Chakraborty is outstanding as Sabyasachi, convincingly conveying the bewilderment and stubbornness of a man unable to reconcile his convictions with reality. Anasuya Majumdar as his middle-aged wife and Sohini Sarkar as her younger self provide strong support. The sudden violence in the father-son confrontation is perhaps the film’s principal weakness, disrupting an otherwise nuanced exploration of ideological estrangement. Yet, Winkle Twinkle remains one of Mukherji’s finest films. Its central insight is both poignant and political: Sabyasachi’s tragedy lies not simply in having lost years of his life, but in discovering that history has moved on without him and that the revolution he believed would change the world has itself become a relic of the past. (The writer is an National Award-winning film scholar.)

India waits to lasso diamantaire Mehul Choksi

Quaid Najmi
Apr 14, 2025
5 min read

Mumbai: India rubbed its hands gleefully as the Belgium Police honoured its request to arrest the absconder diamantaire Mehul Chinubhai Choksi – more than seven years after he, along with his nephew Nirav Deepak Modi - allegedly duped the Punjab National Bank of nearly Rs. 13,800-crores.

 

The scam involving the ‘Mehul Mama-Nirav Bhanja’ erupted in Jan 2018, after the PNB lodged a complaint with the Central Bureau of Investigation (CBI).

 

By then the kin, along with many of their family members, winked and slipped out of the country, leaving a rattled India rubbing its palms in disappointment.

 

A political-cum-financial storm raged, embarrassing the Bharatiya Janata Party government of Prime Minister Narendra Modi a year before the Lok Sabha elections.

 

Multiple agencies launched a multi-pronged probe into what became the biggest banking scam in the past quarter century – and almost four times bigger than the stock market-cum-banking fraud the late Big Bull Harshad Mehta had inflicted on the Indian economy 33 years ago (in April 1992) – when it was just opening up.

 

In Belgium

According to official reports, Choksi was living with his Belgium citizen-wife Preeti in Antwerp, a global diamond hub, presumably for the past 18 months on a ‘residency permit’ acquired through questionable means, for medical reasons.

 

Earlier, he shot to the headers (June 2021) while being taken in a wheelchair to a court by the Dominican Republic's Police on charges of sneaking into the small country in the Caribbean Sea, North America.

 

Interestingly, as the Antigua & Barbuda government initiated the process to cancel his citizenship acquired through an investor visa, Choksi had suddenly gone ‘missing’ till he surfaced in the Dominican Republic.

 

The April 2025 action by Belgium followed a request by India’s CBI and the financial frauds specialist Enforcement Directorate (ED) to nab Choksi as the InterPol had revoked his Red Corner Notice in 2023.

 

Mama and Bhanja

‘Mama’ Choksi is the founder-owner of Gitanjali Group while ‘bhanja’ Nirav’s Firestar plus other companies – and the duo, with some PNB officials hand-in-glove – conspired to make a ‘mamu’ of not only PNB, but other banks, as it subsequently tumbled out.

 

After making a quiet exit, Choksi was detected living in the verdant Antigua & Barbuda Isles (West Indies), then attempted entry to the Dominican Republic, was sent back to Antigua & Barbuda and then went to Belgium where he was nabbed on Sunday.

 

Similarly, Modi was found sauntering on the streets of London and nabbed in March 2019. He remains in jail there since India's extradition is still pending.

 

However, India is keeping its fingers crossed that it may finally lay hands on Choksi, bring him to India and face trial in the PNB scam, though it may take time.

 

Born in Mumbai (1959) and educated in Gujarat, Choksi, 66, and wife Preeti have three children.

 

The Rs. 13,800-crore PNB scam

In the modus operandi revealed after India’s second-largest PSU bank PNB admitted it was scammed, Choksi and Modi used fraudulent Letters of Undertaking (LoU) to get overseas credits or loans from Indian banks.

 

The PNB first informed the Reserve Bank of India (RBI) of the fraud and then lodged a criminal complaint with the CBI in Jan. 2018, plus another CBI complaint in Feb, that led to a FIR against Modi and Choksi and their companies.

 

The ED entered the scene to probe the allegations of money-laundering through the LoUs – which they allegedly misused to avail short-term business finances from foreign branches of Indian banks.

 

The probe said that the duo were availing the LoUs from the PNB’s Brady House Branch from March 2011, and over the next six-seven years, managed to get a whopping 1,200-plus LoUs like a breeze with the help of some friendly bankers within.

 

Post-scam, the gold-diamond companies Gitanjali Group and Firestone Group with multiple operations in India and abroad have largely wound up, while some personal assets of the mama-bhanja have been auctioned to recover a part of the dues.

 

ED's plea to declare Choksi fugitive stuck for seven years

Even as absconding diamantaire Mehul Choksi, a key accused in the Punjab National Bank loan fraud case, has been arrested in Belgium, the ED's plea to declare him a fugitive economic offender has been pending before a court in Mumbai for nearly seven years.


Choksi, 65, and his nephew diamantaire Nirav Modi are the prime accused in the Rs 13,000 crore PNB bank loan fraud case. Choksi was arrested in Belgium following an extradition request by Indian probe agencies, official sources said on Monday.


The Enforcement Directorate had filed the application in July 2018, seeking to declare Choksi an FEO and confiscate his assets under provisions of the Fugitive Economic Offenders Act.


However, the matter has witnessed repeated delays owing to a barrage of applications filed by the accused in the PMLA court and the Bombay High Court alleging procedural lapses in the Enforcement Directorate's plea.


"The court is kept busy with frivolous applications, and hearing on our application to declare him (Choksi) an FEO has been adjourned for the past seven years,” an ED officer had said after the hearing was once again deferred this February.


"The court should have continued the hearing and taken a decision on the future course of action once the application was moved," the officer had said.

He had urged the court to take note of the repeated filing of similar applications and to not entertain them.


Choksi's lawyer had informed the court that the accused was undergoing treatment for suspected cancer in Belgium and intended to file an application in connection with his health.


Under the FEO Act, an individual can be declared a Fugitive Economic Offender if a warrant has been issued against him for an offence involving Rs 100 crore or more and he has left India while refusing to return. Once declared an FEO, the person's property can be confiscated by the investigating agency.


Choksi had challenged the ED's application in the Bombay High Court, alleging that the agency "had not followed proper procedure before filing the application and, hence, it stands vitiated".


However, in September 2023, the High Court dismissed his plea, ruling that the ED had adhered to the prescribed format under the FEO Act. It also vacated a stay on the special court's proceedings.


Despite this, the hearing on declaring Choksi FEO could not commence, with Choksi continuing to file applications before the special court through his lawyers.


While most of these pleas have been dismissed, a few remain pending. His latest attempt to stall proceedings through a plea to recall the notice issued on the ED's FEO application was rejected in December 2023.


According to ED officials, Choksi left India under suspicious circumstances in early January 2018.


Shifting stance

Choksi's counsel has argued that the ED kept shifting its stance on the material grounds for declaring him an FEO and that the suspension of his Indian passport made it impossible for him to return for investigation.

The court, however, rejected this argument, stating that the notice was issued based on accurate information and not based on "wrong facts or mistaken assumptions".


ED claimed the accused left the country under suspicious circumstances in the first week of January 2018.


Nirav Modi has already been declared as an FEO by the special court. He has been lodged in jail in London since 2019.

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