Breaking News: Mehul Choksi Arrested in Belgium, Key Development in PNB Scam Case | ABP NEWS

Mehul Choksi, the key accused in the massive Punjab National Bank (PNB) scam, was arrested in Belgium following India's formal appeal for his extradition. Choksi, who is wanted in connection with the multi-billion dollar fraud, had fled India to avoid prosecution. He reportedly traveled to Belgium under the pretext of seeking cancer treatment, evading Indian authorities for an extended period. His arrest is a significant breakthrough for Indian law enforcement agencies, marking a major development in the long-running efforts to bring him back to India for trial. Choksi, along with his nephew Nirav Modi, is alleged to have masterminded the PNB scam, which involved fraudulent letters of undertaking issued by the bank, causing massive financial losses. Indian authorities have been pursuing his extradition since his escape, and his arrest in Belgium could pave the way for a legal battle aimed at securing his return to face charges in India.

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