New Delhi: The CBI has taken alleged economic offender Monica Kapoor into custody in the US and is bringing her back to India after nearly two-and-a-half decades on the run, officials said on Tuesday.
Kapoor, who moved to the US in 1999 after the alleged fraud, is being brought back on an American Airlines flight expected to arrive on Wednesday night, they added.
Her extradition was approved by the United States District Court for the Eastern District of New York under the bilateral extradition treaty between India and the US. The external affairs ministry had earlier rejected Kapoor’s claim that she would face harassment upon returning to India.
Kapoor, along with her two brothers, is accused of preparing fake documents for their jewellery business to obtain a licence for tax-free import of raw materials from the Indian government. The alleged fraud caused a loss of over USD 679,000 to the Indian exchequer.
India had formally sought Kapoor’s extradition from the US in October 2010 under the extradition treaty between the two countries.
