PNB bank loan 'fraud' case: Fugitive businessman Mehul Choksi arrested in Belgium

Fugitive diamond merchant Mehul Choksi, wanted in the Rs 14,000-crore Punjab National Bank fraud, has been arrested in Belgium based on India's extradition request. He is accused of colluding with bank officials to fraudulently obtain financial instruments, causing significant losses. Choksi's legal team is preparing to challenge the extradition, citing his medical condition as a key factor.

PNSPNS
Apr 15, 2025 - 03:29
 0
PNB bank loan 'fraud' case: Fugitive businessman Mehul Choksi arrested in Belgium
Fugitive diamond merchant Mehul Choksi, wanted in the Rs 14,000-crore Punjab National Bank fraud, has been arrested in Belgium based on India's extradition request. He is accused of colluding with bank officials to fraudulently obtain financial instruments, causing significant losses. Choksi's legal team is preparing to challenge the extradition, citing his medical condition as a key factor.

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