Economic offender extradited from USA
New Delhi, July 10 -- An economic offender, Monika Kapoor, who was involved in an import-export fraud and was on the run for over 25 years, has been extradited by the Central Bureau of Investigation (CBI) from the United States, the agency said.
A CBI team took custody of Kapoor from the US authorities on Tuesday, and brought her in an American Airlines flight to India on Wednesday night.
"This extradition marks a major breakthrough in the pursuit of justice and reiterates CBI's commitment to bringing fugitives to face the law in India, irrespective of international boundaries...Monika Kapoor will be produced before the court concerned and face the trial," said a CBI spokesperson in a statement.
Owner of Monika Overseas, Monika Kapoor, along with her two brothers, Rajan Khanna and Rajiv Khanna, had allegedly forged documents, including shipping bills, invoices and bank certificates, for jewellery transactions and then used these documents to obtain licences from the Indian government to import raw materials duty free.
CBI, which launched a probe in the matter in 2002, found that after getting the licences from the Indian government, Kapoor sold them to a company, Deep Exports, Ahmedabad on a premium, the spokesperson said.
There was a loss of around $6,79,000 (Rs.5,82,04,898.5) to the government exchequer....
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