Punjab National Bank fraud
Belgium's Supreme Court Rejects Mehul Choksi's Appeal Against India's Extradition Request in Rs 13,000 Crore PNB Fraud Case
Dec 10, 2025 02:02 am CST
Belgium's Court of Cassation has rejected fugitive diamond trader Mehul Choksi's appeal against India's extradition request related to the Rs 13,000-crore Punjab National Bank fraud. The ruling upholds the Antwerp Court of Appeal's decision that declared India's extradition request "enforceable," dismissing Choksi's claims of potential unfair trial or mistreatment in India. This development marks a significant step in India's efforts to bring Choksi to justice for allegedly siphoning off Rs 6,400 crore in the massive banking scam.
Notorious Indian Fugitives: From Goa Nightclub Owners to High-Profile Financial Criminals on Interpol's Radar
Dec 09, 2025 05:42 pm CST
This comprehensive article explores India's most notable fugitives, beginning with the Luthra brothers who recently fled to Thailand following a deadly nightclub fire in Goa that killed 25 people. The piece details how these individuals have evaded Indian justice systems and their current status on Interpol's watch list, including infamous figures like Dawood Ibrahim, Nirav Modi, Mehul Choksi, and Vijay Mallya, their alleged crimes, and the ongoing extradition efforts to bring them to justice.
Nirav Modi's Legal Battle Continues: Seeks Trial Delay in UK Due to Prison Constraints
Dec 06, 2025 02:50 am CST
Fugitive diamond merchant Nirav Modi, wanted in India for a $2 billion fraud case, has requested an adjournment of his UK trial citing limited access to legal documents after being transferred to HMP Pentonville. Currently fighting both an $8 million Bank of India debt case and extradition proceedings, Modi faces challenging prison conditions while his legal appeal is set to be heard later this month.
Court Rejects Mehul Choksi's Plea to Dismiss Fugitive Economic Offender Status in ₹13,000 Crore PNB Fraud Case
Nov 29, 2025 02:51 am CST
A special Mumbai court has rejected diamantaire Mehul Choksi's application to dismiss proceedings classifying him as a Fugitive Economic Offender in the ₹13,000 crore Punjab National Bank fraud case. Despite his recent arrest in Belgium, the Enforcement Directorate successfully argued that FEO proceedings can only terminate when the accused returns to India. Choksi continues to fight extradition while his nephew and co-accused Nirav Modi remains imprisoned in London.
ED Transfers Four Mumbai Properties Linked to Mehul Choksi in PNB Fraud Case Recovery Efforts
Nov 25, 2025 02:30 am CST
The Enforcement Directorate has transferred four Mumbai residential flats connected to Mehul Choksi to a liquidator as part of ongoing recovery efforts in the Rs 6,097.63 crore Punjab National Bank fraud case. This action adds to the Rs 2,565.90 crore in assets already seized, with proceeds intended to benefit victim banks and creditors through court-supervised auctions.
Belgium Court Approves Mehul Choksi Extradition: Inside the Prison Cell Awaiting PNB Fraud Accused
Oct 22, 2025 08:24 pm CST
A Belgium court has cleared the way for fugitive diamond merchant Mehul Choksi's extradition to India, rejecting his claims about poor Indian jail conditions. The court was presented with detailed images of Arthur Road Jail showing a secure, well-ventilated cell with proper amenities where the PNB fraud accused would be housed if extradited. Choksi, who fled India in 2018, has 15 days to appeal the decision to the Belgian Supreme Court.
Belgium Court Approves Mehul Choksi's Extradition to India in PNB Fraud Case: Legal Analysis and Next Steps
Oct 22, 2025 01:41 pm CST
A Belgian court has approved the extradition of fugitive diamond trader Mehul Choksi to India, finding no legal barriers to his transfer. The court dismissed Choksi's claims of potential persecution, ruling that charges related to the Rs 13,850 crore Punjab National Bank fraud are serious enough to justify extradition. While Choksi can appeal within 15 days, the ruling represents a significant step toward bringing the 65-year-old businessman to justice in India.
Maiank Mehta Granted Pardon in PNB Fraud Case: Nirav Modi's Brother-in-Law Turns Approver
Sep 27, 2025 11:20 am CST
Nirav Modi's brother-in-law Maiank Mehta has been pardoned by a special court in the Punjab National Bank fraud case, becoming an approver who must provide full disclosure about the Rs 13,000 crore scam. The British citizen voluntarily returned to India in 2021 to assist investigations into one of India's largest banking frauds.