The extradition of Mehul Choksi, an Indian-born diamond magnate and Antiguan citizen, has been temporarily suspended following his appeal to Belgium’s Supreme Court. The appeal challenges a lower court’s decision that had approved his return to India to face charges related to a $1.55 billion fraud at Punjab National Bank (PNB). Ken Witpas, the public prosecutor at the Antwerp Court of Appeal, confirmed the suspension, stating that the Court of Cassation will now review the legal validity of Choksi’s case. Choksi, the founder of the Gitanjali Group, is accused of conspiring with his nephew Nirav Modi and bank officials to fraudulently obtain Letters of Undertaking and Foreign Letters of Credit, resulting in losses of approximately $730 million. On October 17, the Antwerp Court of Appeals ruled that Choksi would not face unfair treatment or trial in India, but he filed an appeal on October 30, halting the extradition process. Choksi fled India in 2018, acquired Antiguan citizenship, and reportedly relocated to Belgium in 2023. If extradited, he would be detained at Mumbai’s Arthur Road Jail, which Indian authorities claim complies with European human rights standards. The Supreme Court’s forthcoming decision will determine whether Choksi, who has evaded Indian authorities for nearly seven years, will finally stand trial on charges including criminal conspiracy, cheating, and corruption.
Extradition of Mehul Choksi to India Suspended Pending Belgium Appeal
