Belgium has confirmed the arrest of diamond merchant Mehul Choksi, an accused in the Punjab National Bank fraud. Belgium said that Mehul Choksi was arrested on April 12 and that India has filed an extradition request for the accused.
Mehul Choksi is one of the accused in the Rs 13,850 crore bank fraud case. He had fled the country before the multi-crore fraud that shook the entire banking sector of the country was exposed.
Earlier, international media had reported that diamond merchant Mehul Choksi was living in the Belgian port city of Antwerp with his wife Preeti Choksi. PTI had reported on Saturday that he was arrested after this. Mehul Choksi and his nephew Nirav Modi committed the bank fraud. India had declared Nirav Modi a financial criminal in 2019.
