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From Diamonds to Detention: Mehul Choksi’s Belgian Arrest and India’s Legal Push

The face that turned India's banking system into a loot market is now going to stop. Mehul Choksi, the same fugitive diamond businessman, who has dust in the eyes of the law for years on the strength of his influence and relationship.

Nishchay
Last Updated : Wednesday, 30 April 2025
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National News: The face that turned India's banking system into a loot market is now going to stop. Mehul Choksi, the same fugitive diamond businessman, who has dust in the eyes of the law for years on the strength of his influence and relationship, is now not only in Belgium jail, but has also issued a new non-bailable warrant against him in India.

This time the game is not of 13,500 crores ... "only" is 55 crores - but the law no longer looks at any amount.

The warrant issued against Mehul Choksi

The warrant issued against Mehul Choksi, Additional Chief Judicial Magistrate of Aspland Court in Mumbai, is like erasing the sign of the old India, where large amounts and big names were considered above the law.According to the CBI, Choksi's company 'Bezel Jewelery' took a working capital of Rs 55.27 crore from Canara Bank and Bank of Maharashtra-promised that it would trade diamonds and jewels, but actually turned the funds into its own benefits.

 India will no longer allows the fugitives to sleep abroad

When the man who was in jail in Belgium, who was once respected by the robber kings of India
Mehul Choksi was arrested in Belgium on 12 April 2022. The Government of India had duly sent a request for his extradition. This arrest was not just the effect of an interpol red notice - it is a sign of the changing India that no longer allows the fugitives to sleep abroad.Choksi is currently trying to bail in Belgium court, but India's legal machinery is now ready - case, charge sheet and political will - all three are in lines.Justice running behind a criminal, who naked an entire banking system

 The toppers in the fugitive list

On hearing the name of Mehul Choksi, the PNB scam is remembered - 13,500 crores, his nephew Nirav Modi, fake guarantee letter and the rotting system that kept silent eyes. But Nirav Modi is in London jail and choksi is in Belgium custody.There was a time when these two were considered Gods of banks, not businessmen. Today they are at the top of the fugitive list.

The lawsuit that will not only be on a man, but on the whole system

If the Belgian court approves extradition to India, Mehul Choksi will be prosecuted in PMla, Fugitive Economic Offenders Act, and many dozens of sections. This lawsuit will be not only for Choksi, but also for those officers, politicians and institutions who were standing with him when he ran away from the country.

No money, intentions will be counted

Whether 55 crores or 13,000 crores - Now the courts of India do not see the amount. It is now seen who betrayed the country. And Mehul Choksi's is on the front page of the list.