Central Bureau of Investigation
FATF Recognizes India's ED as Model Agency for Exceptional Asset Recovery Framework
Nov 05, 2025 03:29 pm CST
The Financial Action Task Force (FATF) has praised India's asset recovery system, highlighting the Enforcement Directorate as a "model agency" in its recent report. India's framework for identifying, attaching, and repurposing criminal proceeds is considered one of the most effective among member countries, featuring strong legislative mechanisms, technological integration, and inter-agency coordination that enables swift action against financial crimes.
Mehul Choksi Challenges India Extradition Order in Belgium's Supreme Court: Latest Updates on PNB Scam Case
Nov 04, 2025 02:33 am CST
Fugitive diamond merchant Mehul Choksi has appealed to Belgium's Supreme Court against his extradition to India in the Rs 13,000 crore PNB fraud case. The Antwerp Court of Appeal previously ruled his extradition as "enforceable," finding no risk of unfair trial or ill-treatment in India. Choksi, who fled to Antigua in 2018 before the scam was detected, allegedly siphoned Rs 6,400 crore personally. His extradition remains suspended during the appeal process.