Mehul Choksi detained in Belgium on India’s extradition request

Diamond jeweller Mehul Choksi detained in Belgium for alleged involvement in ₹13,000 crore PNB financial institution mortgage fraud case. File
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Absconding diamond jeweller Mehul Choksi has been detained in Belgium following an extradition request by Indian probe companies for his alleged involvement within the ₹13,000 crore PNB financial institution mortgage ‘fraud’ case, official sources stated Monday (April 14, 2025).

The motion in opposition to the diamantaire was taken on Saturday (April 12, 2025).

Sources stated that after the Interpol Pink Discover in opposition to him for arrest was “deleted”, Indian companies, the Enforcement Directorate (ED) and the CBI, moved for his extradition from Belgium.

Choksi, his nephew and fugitive diamond dealer Nirav Modi and their members of the family and staff, financial institution officers and others had been booked by the 2 companies in 2018 for perpetrating the alleged mortgage fraud on the Brady Home department of PNB in Mumbai.

ED alleged that Choksi, his agency Gitanjali Gems and others “dedicated the offence of dishonest in opposition to Punjab Nationwide Financial institution in connivance with sure financial institution officers by fraudulently getting the LOUs (letters of enterprise) issued and bought the FLCs (overseas letter of credit score) enhanced with out following prescribed process and prompted a wrongful loss to the financial institution.”

The ED has filed three cost sheets in opposition to Choksi until now. The CBI has additionally filed related cost sheets in opposition to him.