Suspect in major fraud case in India arrested in Antwerp
A man suspected of large-scale fraud at the Punjab National Bank (PNB) in his home country of India has been arrested in Antwerp, reported news agency Reuters. The suspect, together with his cousin and several accomplices, is alleged to have defrauded the bank of as much as 1.6 billion euros in 2018.
The Indian government had recently submitted an extradition request to the Belgian authorities after it emerged that the man was staying in Belgium. The suspect, a jeweller, is said to have links with the Antwerp diamond sector. He already lived in Antwerp for some time in the past and now apparently resided in the city’s Eilandje district.
In principle, after the arrest, the man's extradition proceedings should start. However, the suspect will resist and ask for his release, his lawyer told Reuters. The suspect is said to be currently undergoing cancer treatment and is supposed to not be a flight risk.
#FlandersNewsService | Antwerp's Eilandje district © BELGA PHOTO IMAGEBROKER
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