Belgium Court Rejects Mehul Choksi's Bail Plea

A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case.

The three-judge bench, which conducted the hearing in Dutch, ruled against granting bail after reviewing the arguments.

Choksi was arrested in Belgium last week following a request from Indian authorities.

Ministry of External Affairs spokesperson Randhir Jaiswal had said during the weekly media briefing that India is working with the Belgian side for Choksi's extradition.