Mehul Choksi

The Punjab National Bank Scam That Shook Banking System

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Seven years after he fled India just before the discovery of an astronomical Rs 14,000 crore scam, fugitive diamantaire Mehul Choksi was arrested in Belgium on Saturday. The Belgian Justice Department on Monday confirmed to NDTV that the disgraced businessman was in detention. It further said that India initiated the request for his extradition. The … Read more

Probe Agency’s Key Plea On Mehul Choksi Stuck In Mumbai Court For 7 Years

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Mumbai: Even as on the run diamantaire Mehul Choksi, a key accused in the Punjab National Bank loan fraud case, has been arrested in Belgium, the ED’s plea to declare him a fugitive economic offender has been pending before a court in Mumbai for nearly seven years. Choksi, 65, and his nephew diamantaire Nirav Modi … Read more