Belgian authorities confirmed on Monday (April 14, 2025) that they have Mehul Choksi, the fugitive diamond businessman, in custody after he was arrested over the weekend. He is wanted, along with his nephew Nirav Modi, in a case by Punjab National Bank alleging loan frauds worth more than ₹13,578 crore. The Central Bureau of Investigation (CBI) has been pursuing his extradition since 2018 when he left the country.
Mr. Choksi is an Antiguan citizen at present, and had moved to Belgium a few years ago, reportedly for cancer treatment. He was arrested near his home in Antwerp. As per reports, he secured a Belgian residency permit in November 2023, as his wife is a Belgian citizen. In a petition filed with a special court in Mumbai in February this year, Mr. Choksi had provided medical documents that said he was suffering from chronic lymphocytic leukaemia (blood cancer) and was unable to travel.
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