Mehul Choksi Arrested: How fugitive diamantaire cheated Punjab National Bank of ₹13,500 crore & hit Indian banking sector
Fugitive diamantaire Mehul Choksi, wanted in connection with the Rs 13,000 crore Punjab National Bank (PNB) loan scam, has been arrested in Belgium following an extradition request from Indian authorities. Accused of colluding with bank officials to fraudulently obtain loans, Choksi fled India in 2018 and has since evaded authorities.