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5d ago

Belgian Court Denies Bail to Mehul Choksi in PNB Fraud Case

The fugitive businessman remains in custody as Indian authorities push for extradition over the ₹13,500 crore scam.

Indian authorities have requested the extradition of Mehul Choksi due to his alleged involvement in a bank fraud case.
Mehul Choksi
Setback for fugitive Mehul Choksi as Belgium court rejects his bail plea
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Overview

  • A three-judge Belgian court rejected Mehul Choksi’s bail plea on April 22, citing his fugitive status in the ₹13,500 crore PNB fraud case.
  • Choksi had argued for bail on health grounds and proposed wearing a GPS-enabled tracking anklet, but the court dismissed these considerations.
  • The businessman was arrested in Belgium on April 12, 2025, following a formal extradition request from India in March.
  • Indian authorities, including the Central Bureau of Investigation, are intensifying efforts to secure Choksi’s extradition under a 2020 bilateral treaty.
  • Choksi’s legal team plans to appeal the bail denial and challenge the arrest, citing alleged violations of natural justice and his deteriorating health.