The Central Bureau of Investigation (CBI) has extradited Monika Kapoor from the United States, after she evaded authorities for 26 years in connection with a multi-crore fraud case. Kapoor, the owner of ‘Monika Overseas,’ conspired with her brothers, Rajan and Rajeev Khanna, in 1998 to commit fraud. They falsified shipping bills, invoices, and bank documents to acquire six replenishment licenses, intended for duty-free gold worth approximately Rs 2.36 crore. These licenses were later sold to an Ahmedabad-based firm, Deep Exports, leading to a financial loss of about Rs 1.44 crore for the government. A chargesheet was filed against Kapoor and her brothers on March 31, 2004. Rajan and Rajeev were convicted on December 20, 2017, but Kapoor had fled India. She was declared a fugitive on February 13, 2006, and a red corner notice was issued in 2010. The CBI had sought her extradition from the US in 2010. A CBI team, after coordinated efforts with US agencies, returned to India with Kapoor in custody. She will now be produced before the court to face trial. The CBI has reiterated its commitment to crack down on economic crimes and bring all fugitives to justice.
