Brussels, April 22 -- 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.

"As you are aware, based on our extradition request, he was arrested in Belgium. We are closely working with the Belgian side for his extradition to India so that he can face trial in the country," Jaiswal...