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Belgian court rejects Choksi bail petition3Foto© hindustantimes.com

Belgian court rejects Choksi bail petition

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A Belgian court has denied bail to fugitive diamantaire Mehul Choksi, wanted in India for bank fraud exceeding Rs 13,900 crore, ahead of his extradition hearing. Indian authorities presented evidence of his past escapes and involvement in economic offenses, leading the court to deem him a flight risk.