India Pushes for Mehul Choksi's Extradition as Fugitive Resides in Belgium
Choksi, accused of a ₹13,500 crore fraud, may complicate extradition efforts with plans to seek medical treatment in Switzerland.
- Mehul Choksi, wanted in India for the ₹13,500 crore Punjab National Bank fraud, is currently residing in Antwerp, Belgium, with his wife, Preeti Choksi.
- Indian authorities have initiated extradition proceedings with Belgian counterparts to bring Choksi back to India.
- Choksi allegedly used fabricated documents to secure Belgian residency through an 'F residency card' obtained in November 2023.
- Reports indicate Choksi may move to Switzerland for medical treatment, potentially invoking humanitarian grounds to resist extradition.
- Indian authorities have already monetized ₹2,565.9 crore worth of Choksi's seized properties as part of efforts to recover losses from the fraud.