New Delhi, July 9 (NationPress) The Central Bureau of Investigation (CBI) has successfully secured the custody of Monika Kapoor, a suspected economic criminal, in the United States and is set to return her to India, concluding over twenty years of evasion from the law, officials announced on Wednesday.

This significant event follows Kapoor's extradition from the US.

According to a press release from the CBI, the pursuit has reached its conclusion after twenty years with the successful extradition of Fugitive Ms. Monika Kapoor, who is implicated in a 2002 Import-Export fraud and had been evading capture since that time.

The Central agency disclosed that fugitive Monika Kapoor, proprietor of M/s Monika Overseas, conspired with her brothers, Rajan Khanna and Rajiv Khanna, to forge export documents such as Shipping Bills, Invoices, and Bank Certificates of Export and Realization during 1998.

She acquired six Replenishment (Rep.) Licenses for the import of duty-free gold valued at Rs 2.36 crore.

“In furtherance of the criminal conspiracy, they sold the said Rep. Licenses to M/s Deep Exports, Ahmedabad, at a premium. M/s Deep Exports, Ahmedabad used these licenses to import duty-free gold, resulting in a loss to the Government Exchequer amounting to Rs 1.44 crore during 1998,” the press release detailed.

Upon the completion of its investigation, the CBI submitted a charge sheet on March 31, 2004, against Monika Kapoor, Rajan Khanna, and Rajeev Khanna under sections 120-B r/w 420, 467, 468, and 471 of the IPC.

The Chief Metropolitan Magistrate of the District Court Saket, New Delhi, on December 20, 2017, convicted Rajan Khanna and Rajeev Khanna.

The CBI indicated that Monika Kapoor failed to cooperate with the investigation and trial; she was declared a proclaimed offender by the trial court on February 13, 2006. An open non-bailable arrest warrant was issued against her on April 26, 2010, alongside a Red Corner Notice.

A request for her extradition was submitted by the CBI on October 19, 2010, to US authorities. Following extensive collaboration with US officials, a CBI team traveled to the country to obtain custody of the fugitive.

This extradition marks a significant milestone in the quest for justice, showcasing the CBI’s commitment to ensuring that fugitives face the law in India, regardless of international borders.

The CBI team is en route back to India with the fugitive. Monika Kapoor will be presented before the relevant court and will now confront the trial.

The press release emphasized that the CBI remains resolute in its mission to tackle economic crimes and will continue to explore all legal paths to ensure that fugitives are held accountable.