US EditionMehul Choksi arrested in Belgium as India pushes for extradition
- Belgian police arrested diamond merchant Mehul Choksi on Saturday, April 12, 2025, following India's extradition request.
- Choksi is wanted by Indian authorities for his alleged role in a $1.8 billion fraud at Punjab National Bank .
- The CBI and ED investigations revealed Choksi colluded with associates and PNB officials between 2014 and 2017.
- Choksi's lawyer, Vijay Aggarwal, said they will appeal his detention, citing cancer treatment and arguing he is not a flight risk.
- India seeks Choksi's extradition to recover billions allegedly looted, while Choksi may contest extradition and pursue legal options in Belgium.
113 Articles
113 Articles
Fugitive Jeweler Sought in Massive Fraud Is Arrested
A fugitive jeweler from India has been arrested in Belgium, bringing renewed attention to a scandal that rocked the nation's financial sector seven years ago and led to an international manhunt. Mehul Choksi, 65, is accused of taking part in a a $1.8 billion fraud involving the state-run Punjab...
End of the run for the Indian diamondmaker accused of the cassation of the century
The businessman Mehul Choksi is suspected of having participated in a fraud of more than one billion euros against the Punjab National Bank of Bombay. He was arrested in Antwerp on 12 April. New Delhi claims his extradition. ...
Associated Press News
A fugitive Indian jeweler accused of a $1.8bn bank fraud has been arrested in Belgium
Fugitive Indian jeweler Mehul Choksi, who has been accused of involvement in one of India’s biggest bank frauds, has been arrested in Belgium.
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