FPJ Analysis: Mehul Choksi Must Be Tried In India
The arrest of Indian fugitive Mehul Choksi in Belgium on April 12 marks a significant victory for Indian investigating agencies. However, the job is far from over. The ultimate goal is to have him extradited to India, where he must stand trial for the massive financial fraud he committed along with his nephew Nirav Modi. Together, the duo defrauded the Punjab National Bank of a staggering Rs 13,000 crore—an amount that not only shocked the financial sector but also shook the public’s trust in the banking system. It is true that he abandoned his Indian citizenship to acquire citizenship in Antigua and Barbuda, a small Caribbean nation. But this move was........
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