Fugitive diamond merchant Mehul Choksi, who fled India eight years ago, is set to return following a significant ruling. On October 17, a Belgian court ordered his extradition to India, marking a major victory for the Indian government, which has long pursued his return from Belgium.

New Delhi, October 17: India’s efforts to bring back fugitive diamond merchant Mehul Choksi have finally borne fruit. A court in Antwerp, Belgium, has ordered his extradition to India, affirming the legality of his detention by Belgian authorities.According to officials, Choksi may appeal the decision in a higher court, but this ruling is a crucial milestone in the case.

“The court’s decision is in our favor. It has upheld the validity of Choksi’s detention by Belgian authorities as per India’s request. The first legal step toward his extradition has been taken,” a senior Indian official stated. At the request of the Central Bureau of Investigation (CBI), 65-year-old Mehul Choksi was arrested on April 11. He has been in custody in Belgium for over six months, with multiple bail applications rejected by Belgian courts.

The Punjab National Bank (PNB) scam, one of India’s largest financial frauds, involves fraudulent transactions worth approximately ₹13,000 crore. The scam came to light in 2018, implicating jeweler Nirav Modi, his uncle Mehul Choksi, and certain PNB employees. Redraft this to English. and give me ash tags and search tags after camas.Bata Women’s Stylish Ballerina Flats – Trendy, Comfortable

The fraud was perpetrated through the misuse of Letters of Undertaking (LoUs) for foreign loans. Between 2011 and 2018, two employees at PNB’s Brady House branch in Mumbai issued unauthorized LoUs via the SWIFT system without recording them in the bank’s core systems. Subsequently, Mehul Choksi and Nirav Modi fled India.