[ad_1]
Belgian police have arrested fugitive diamond merchant Mehul Choksi, one of the prime accused in the $2-billion Punjab National Bank (PNB) fraud, The Economic Times reported citing sources.Choksi was taken into custody on Saturday at the request of India’s Central Bureau of Investigation (CBI) and remains in jail, sources said. His arrest marks a significant development in the years-long effort to bring him to justice after he fled India in 2018.Mehul Choksi was arrested in Belgium under two open-ended arrest warrants issued by a Mumbai court — one dated May 23, 2018, and another from June 15, 2021. The warrants were issued in connection with the Punjab National Bank (PNB) scam, in which Choksi and his nephew, Nirav Modi, are accused of defrauding the bank of ₹13,850 crore.Choksi, who is currently in custody, is expected to seek bail, citing ill health and other reasons. He is wanted by both the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) for his role in the massive fraud. Meanwhile, his nephew Nirav Modi, also a key co-accused, is awaiting extradition from London.(This is a developing story)
[ad_2]
Source link
PNB scam accused Mehul Choksi arrested in Belgium: Report | Today News
April 14, 2025
Read next
Hailey Bieber ‘didn’t want to have baby’ with Justin until his mental health was back on track
May 28, 2024
[ad_1] Before welcoming a child into their world, Hailey and Justin Bieber reportedly embarked on a journey that…
2 min read
3 views
Fahadh Faasil reflects on missed opportunity with Vishal Bhardwaj in Bollywood, reveals Karan Johar often reaches out to him | Hindi Movie News – Times of India
May 7, 2024
[ad_1] Malayalam star Fahadh Faasil, who is known for his versatility and impactful performances, is yet to make…
2 min read
9 views
Who is actually backing Ranbir Kapoor and Sai Pallavi’s Ramayan? – Exclusive | Hindi Movie News – Times of India
May 10, 2024
[ad_1] Renowned director Nitesh Tiwari, known for his acclaimed works like “Chillar Party,”…
2 min read
5 views
Gena Rowlands, The Notebook Actress, Dies At 94 After Long Battle With Alzheimer’s
August 15, 2024
[ad_1] Washington: Gena Rowlands, the acclaimed actress renowned for her powerful performances and…
2 min read
2 views