22-04-2025
Mehul Choksi Suffers Big Setback As Belgian Court Rejects His Bail Plea
In a major setback for fugitive Indian businessman Mehul Choksi, a court in Belgium has turned down his bail plea. The 65-year-old businessman, who has been on the run from Indian authorities in connection with a Rs 13,500 crore PNB loan fraud scam, was arrested in Belgium last week.
The absconding diamond jeweller was reportedly living in Antwerp with his wife Priti Choksi, after being granted residency — F Residency Card — in Belgium in November 2023. He was held on April 12 from a hospital where he has been undergoing treatment.
