Choksi Arrested in Belgium, Extradition to India Looms
Indian billionaire jeweller Mehul Choksi was arrested in Belgium on Saturday following India's request for his extradition. Choksi is wanted by India for his alleged role in a $1.8 billion scam at Punjab National Bank (PNB). He left India in 2018. Choksi and his nephew, Nirav Modi, are accused of the fraud. Both deny the allegations. Belgian authorities confirmed Choksi's arrest and said an extradition request has been introduced. His legal team plans to seek bail and challenge the process. Preparations for Choksi's potential extradition to India are underway.
Tue Apr 15 2025
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