India has requested the extradition of fugitive businessman Mehul Choksi, who was arrested on April 12, the Belgian Federal Public Service of Justice said on Monday. A team of Indian officials is also scheduled to visit Belgium to see to it that extradition proceedings against Choksi could start as early as possible, sources told India…
NEW DELHI: Minister of State for Finance Pankaj Chaudhary on Monday hailed the arrest of fugitive diamond merchant Mehul Choksi in Belgium, calling it a “very big achievement” in India’s ongoing crackdown on economic offenders.Choksi, wanted in connection with the over Rs 13,000 crore Punjab National Bank (PNB) fraud case, was arrested by Belgian authorities…
Mumbai court approves sale of Mehul Choksi’s assets worth Rs 2,565.90 crore A Mumbai court has approved the sale of assets worth Rs 2,565.90 crore ($312 million USD) seized from Mehul Choksi, a key figure in the Punjab National Bank (PNB) fraud case. This move aims to compensate victims of the fraud. Over ₹125 crore…