Mumbai, April 14 -- Former Managing Director of Gitanjali Gems, Santosh Srivastava, has welcomed the fugitive businessman Mehul Choksi's arrest in Belgium.

Speaking to ANI on Monday, Srivastava urged the government to ensure Choksi's swift extradition and complete recovery of the defrauded funds.

"It's great news that Mehul Choksi has been arrested in Belgium. As a whistle-blower in this case, who risked my life to try and expose it, I hope that the government brings him back to the country as soon as possible. Every bit of the money involved should be recovered," he said.

Choksi was arrested in Belgium on Saturday after local authorities confirmed his presence in the country. Sources said that preparations were being made for his extr...