Big story of the week: Inside the Mehul Choksi Arrest and India's Extradition Bid

Mehul Choksi, a fugitive Indian businessman accused of a massive fraud against Punjab National Bank, was arrested in Belgium in April 2025 after fleeing India in 2018. The arrest marks a significant step in India's efforts to extradite him, although he is expected to contest extradition citing health issues and lack of evidence. This development follows his previous acquisition of Antiguan citizenship and a controversial detention in Dominica, and occurs while multiple legal cases against him remain active in India, including another fraud case involving Canara Bank. The situation tests international cooperation in prosecuting financial offenders and highlights the complex legal battles often associated with high-profile extradition cases.