Overview

• Mehul Choksi, accused of defrauding Punjab National Bank, was arrested in Belgium on Saturday following an extradition request from India.
• Indian agencies, including the CBI and ED, are sending a high-level delegation to Belgium to expedite the extradition process and address legal challenges.
• Choksi's legal team plans to seek bail on medical grounds, citing his cancer treatment and alleged human rights concerns in Indian prisons.
• The arrest was based on two non-bailable warrants issued by a Mumbai court in 2018 and 2021 for Choksi’s role in the massive financial fraud.
• Choksi’s arrest marks a significant step in India’s seven-year effort to bring him to trial, though the extradition process faces potential legal hurdles under the India-Belgium treaty.