US Extradites Monika Kapoor To India After 20 Years On The Run

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India-West News Desk

MUMBAI– After two decades on the run, Monika Kapoor, accused in a 2002 import-export fraud case, was extradited from the US to India by the Central Bureau of Investigation (CBI) on July 9. Kapoor, proprietor of M/s Monika Overseas, had been a fugitive.

According to the CBI, Kapoor, in conspiracy with her brothers, Rajan Khanna and Rajiv Khanna, forged export documents including shipping bills, invoices, and bank certificates of export and realization in 1998. This scheme allowed them to obtain six replenishment licenses for the import of duty-free gold valued at Rs 2.36 crore.

A CBI official stated that these licenses were subsequently sold to M/s Deep Exports, Ahmedabad, at a premium. M/s Deep Exports then utilized the licenses to import duty-free gold, resulting in a loss of Rs 1.44 crore to the government exchequer.

An open non-bailable warrant of arrest was issued against her on April 24, 2010, followed by a Red Corner Notice.

The CBI initiated extradition proceedings by sending a request to US Authorities on October 19, 2010. Following extensive coordination, a CBI team traveled to the US to take custody of Kapoor.