India is working closely with Belgium to deliver the fraud of PNB fraud, which Meul accused Choksi, Govt says Govt | Today news

According to Mehul Choksi’s arrest, Mea spokesman Randhir Jaiswal says “on the basis of our extradition request, he was arrested. We work closely with the Belgian side on his extradition.” Indian jeweler Mehul Choksi, who is accused of involvement in one of the largest bank fraud in India, was arrested in Belgium on April 14. Mehul Charoxi and his Diamond Tycoon cousin Nirav Modi are accused of a $ 1.8 billion fraud involving Punjab National Bank, India’s second largest public lender. Both fled in India in 2018. Mehul Choksi was arrested on Saturday in the Belgian port city of Antwerp, one of the most important diamond trade centers in the world. His lawyer, Vijay Aggarwal, told reporters that Choksi’s legal team would file an appeal for his release. Punjab National Bank has accused Choksi, Modi and others of fraud by using false financial documents to get loans to buy and introduce jewelery. Nirav Modi, which built an international jewelry -rich ranging from India to New York and Hong Kong, was arrested in Britain in 2019. He has been in prison ever since. First published: 17 Apr 2025, 04:17 PM IST