Overview

• Belgian authorities confirmed the April 12 arrest of Mehul Choksi following an extradition request from India.
• Choksi is accused of orchestrating a Rs 13,000 crore fraud involving Punjab National Bank, one of the largest financial scams in India’s history.
• Indian agencies have pursued Choksi internationally, overcoming his use of citizenship changes and legal loopholes to evade justice.
• The extradition process is now the primary focus, with Indian authorities aiming to bring Choksi back to face trial under Indian law.
• This arrest reinforces India's commitment to holding economic offenders accountable and deterring future financial crimes.