NEW DELHI: Fugitive diamond merchantMehul Choksi, a key accused in the Rs 14,000-crore Punjab National Bank fraud case, was arrested on Saturday by Belgian authorities on India’s extradition request.
Choksi’s arrest was based on two non-bailable warrants issued by a Mumbai court, dated May 23, 2018, and June 15, 2021, according to people familiar with the development told ET.
Indian officials had earlier asked Belgium to initiate extradition proceedings after locating Choksi in the country. Sources said he was allegedly planning to move to Switzerland for medical treatment at a cancer hospital.
