PNB Scam: Mehul Choksi Arrested in Belgium, India Seeks Extradition
Mehul Choksi, the main accused in the ₹13,850 crore PNB scam, has been arrested in Belgium. Indian authorities are working on his extradition. He may use health reasons to delay his return.
How Did Mehul Choksi Escape India?
Mehul Choksi fled India in 2018, just before the scam was exposed. He took citizenship of Antigua and Barbuda and claimed he went abroad for medical treatment.
How Was He Caught in Belgium?
On Saturday, Choksi was arrested in Belgium based on two non-bailable warrants issued by an Indian court. Reports say he was planning to visit Switzerland for cancer treatment.
What Will Happen Next?
Indian authorities have requested his extradition. Choksi is likely to ask for bail by citing health issues. He may try to delay the extradition process.
Where Has He Been Living?
Recently, Mehul Choksi was living in Antwerp, Belgium with his wife Preeti, who is a Belgian citizen. He also received a Belgian residency card.
What Action Has India Taken So Far?
India’s Enforcement Directorate (ED) and CBI are investigating the case. Finance Minister Nirmala Sitharaman revealed that property worth Rs.22,280 crore, linked to economic fugitives including Choksi, has been recovered.
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