NEW DELHI: In a major victory for Indian executive towards fugitive financial offenders’, a CBI crew lately flew to Bahrain and brought a fraudster back to India nine years after he fled from right here.
Top assets in executive and CBI claimed that the fugitive, Mohammad Yahya, 47, was traced and arrested by way of Bahrain government few months back on the basis of an Interpol pink notice issued towards him on India’s request. Following the arrest, the federal government engaged on the easiest levels with Bahrain convincing it to deport Yahya to India.
This is the first ever example of India managing to bring an financial perpetrator back since executive stepped up its efforts to nail such fraudsters and passing of new legislation in August below which legal action can be taken in overseas countries as neatly.
Although Yahya’s loot wasn’t as huge as others accused in big-ticket bank frauds like Vijay Mallya, Nirav Modi, Mehul Choksi, Jatin Mehta, Nitin Sandesara and others, and isn't even covered below fugitive financial offenders’ act, 2018 lately handed by way of the Parliament, the deportation presentations executive’s seriousness in extraditing and prosecuting all such individuals who have fled even with “five rupees of public money”, stated a senior executive reliable.
Yahya, born in Bengaluru, had cheated a couple of banks of Rs 46 lakh in 2003. CBI started investigating the fraud in 2009 however Yahya had fled by way of then. After completion of probe, a chargesheet was filed towards him and he was declared a proclaimed perpetrator by way of a unique CBI court docket.
The company charged him for prison conspiracy, prison breach of agree with, impersonation and forgery for taking a loan from public sector banks and “deliberately” no longer repaying it.
CBI refused to percentage more information about the banks cheated by way of him, his industry and the aim of loan.
Sources advised TOI that after Bahrain police caught him a few months back, his identification was confirmed with the help of intelligence agencies and all related paperwork including chargesheet, evidence and witness testimonies have been shared to persuade Bahrain that he needs to be attempted in India.
The executive was without delay thinking about the entire means of Yahya’s deportation, folks conscious about the matter stated.
He was brought to Delhi by means of an Air India flight on Friday morning and has been taken to Bengaluru for additional interrogation.
Recently, the federal government had shared a listing of 28 fugitive financial offenders including six ladies who have been living in another country. The investigating agencies are already pursuing extradition of Mallya, Nirav Modi and Mehul Choksi, who have fled with amounts starting from Rs 6,000 crore to Rs nine,000 crore.
The houses of Nirav Modi have additionally been connected in another country lately.
Officials stated there are many fraudsters like Mohammad Yahya, who have fled with smaller amounts like Rs 50 lakh to Rs 20 crore and remain out of center of attention because of big-ticket frauds, who circumstances additionally being diligently pursued by way of agencies.
Top assets in executive and CBI claimed that the fugitive, Mohammad Yahya, 47, was traced and arrested by way of Bahrain government few months back on the basis of an Interpol pink notice issued towards him on India’s request. Following the arrest, the federal government engaged on the easiest levels with Bahrain convincing it to deport Yahya to India.
This is the first ever example of India managing to bring an financial perpetrator back since executive stepped up its efforts to nail such fraudsters and passing of new legislation in August below which legal action can be taken in overseas countries as neatly.
Although Yahya’s loot wasn’t as huge as others accused in big-ticket bank frauds like Vijay Mallya, Nirav Modi, Mehul Choksi, Jatin Mehta, Nitin Sandesara and others, and isn't even covered below fugitive financial offenders’ act, 2018 lately handed by way of the Parliament, the deportation presentations executive’s seriousness in extraditing and prosecuting all such individuals who have fled even with “five rupees of public money”, stated a senior executive reliable.
Yahya, born in Bengaluru, had cheated a couple of banks of Rs 46 lakh in 2003. CBI started investigating the fraud in 2009 however Yahya had fled by way of then. After completion of probe, a chargesheet was filed towards him and he was declared a proclaimed perpetrator by way of a unique CBI court docket.
The company charged him for prison conspiracy, prison breach of agree with, impersonation and forgery for taking a loan from public sector banks and “deliberately” no longer repaying it.
CBI refused to percentage more information about the banks cheated by way of him, his industry and the aim of loan.
Sources advised TOI that after Bahrain police caught him a few months back, his identification was confirmed with the help of intelligence agencies and all related paperwork including chargesheet, evidence and witness testimonies have been shared to persuade Bahrain that he needs to be attempted in India.
The executive was without delay thinking about the entire means of Yahya’s deportation, folks conscious about the matter stated.
He was brought to Delhi by means of an Air India flight on Friday morning and has been taken to Bengaluru for additional interrogation.
Recently, the federal government had shared a listing of 28 fugitive financial offenders including six ladies who have been living in another country. The investigating agencies are already pursuing extradition of Mallya, Nirav Modi and Mehul Choksi, who have fled with amounts starting from Rs 6,000 crore to Rs nine,000 crore.
The houses of Nirav Modi have additionally been connected in another country lately.
Officials stated there are many fraudsters like Mohammad Yahya, who have fled with smaller amounts like Rs 50 lakh to Rs 20 crore and remain out of center of attention because of big-ticket frauds, who circumstances additionally being diligently pursued by way of agencies.
In first such instance, CBI manages to bring back economic offender who had fled India
![In first such instance, CBI manages to bring back economic offender who had fled India]()
Reviewed by Kailash
on
October 16, 2018
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