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Indian billionaire jeweller arrested over alleged bank fraud

Cherylann Mollan, BBC News, Mumbai

Indian businessman Mehul Choksi has been arrested in Belgium following India’s request for his extradition.

Mr Choksi, who left India in 2018, was arrested on Saturday, his lawyer, Vijay Aggarwal told the BBC on Monday.

The diamond merchant is wanted by India over allegations of involvement in a case of defrauding one of the country’s largest banks of nearly $1.8bn (£1.3bn).

Mr Choksi has not commented publicly on the case, but his lawyer said they would appeal against his detention and also oppose his extradition to India.

“These are the obvious grounds [on which we will argue the case], that he is not a flight risk and secondly, that he is extremely sick. He is undergoing cancer treatment,” Mr Agarwal said.

He added that they would “contest the extradition on grounds that there isn’t enough evidence against him and the extradition request is politically motivated and the trial in India may not be fair”.

https://www.bbc.com/news/articles/c5y6l36kg9ro

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