Fugitive diamond trader Mehul Choksi was arrested in Belgium in connection with the Punjab National Bank (PNB) loan fraud case, a major development in India's pursuit of justice.
By Aniket Chakraborty
Apr 14, 2025
The Indian government, represented by Union Minister of State for Finance Pankaj Chaudhary, celebrated the arrest, reinforcing PM Modi's promise to recover the money stolen from the poor.
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Image Credit | @mppchaudhary | X
PM Modi had vowed that those who looted the poor, even if they fled abroad, would eventually be brought to justice. Mehul Choksi's arrest marks a significant achievement in this effort.
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Chaudhary hailed the arrest, stating that action is being taken against many people involved in financial frauds, with Choksi's capture signaling progress in these efforts.
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Image Credit | @mppchaudhary | X
Back in 2021, PM Modi had warned that anyone who cheats or steals from the people will not be spared, regardless of their power or location, whether inside or outside India.
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Belgian authorities made the arrest at the request of Indian agencies, including the CBI and Enforcement Directorate (ED), further strengthening the international fight against financial crime.
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Choksi, who was planning to shift to Switzerland for medical treatment, is currently housed in a Belgian jail. His bail hearing is scheduled for next week, and he will remain in custody.
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The arrest follows two non-bailable warrants issued by a Mumbai court in 2018 and 2021, leading to his capture and a crucial step forward in India's case against him.
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This development is a victory for the Indian government as it works with international partners to hold financial criminals accountable and ensure justice for the affected people.
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As Choksi faces legal proceedings in Belgium, India's diplomatic efforts will continue to ensure his return and bring him to trial for his role in the PNB loan fraud.