CBI Extradites Economic Offender Monika Kapoor From US, Ends Her 25-Year-Long Run

Two decades of chase of the Central Bureau of Investigation (CBI) came to an end on Wednesday with the successful extradition of fugitive Monika Kapoor, an accused in a 2002 import-export fraud and was on run since then, from the US, the agency said in a statement.

As per the CBI statement, fugitive Monika Kapoor, proprietor of Monika Overseas, in conspiracy with her brothers, namely Rajan Khanna and Rajiv Khanna, forged export documents viz. shipping bills, invoices and bank certificates of export and realisation during the year 1998 and obtained six replenishment licenses for import of duty-free gold worth Rs 2.36 crore.

In furtherance of the criminal conspiracy, they sold the said licenses to Deep Exports, Ahmedabad, at a premium. Deep Exports utilised the said licenses and imported duty-free gold, which caused a loss to the government exchequer to the extent of Rs 1.44 Cr during the year 1998, the CBI said.