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Fugitive industrialist who cheated Rs 40 cr extradited from Indonesia


A fugitive industrialist Vinay Mittal — was on the run after allegedly cheating bank of Rs 40 crore has been extradited to India. The extradition came by Indonesian authorities following a request from India last week.

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The Central Bureau of Investigation had registered cases against him in 2014 and 2016 at the request of Corporation Bank and Punjab National Bank, sources said. According to the report, the agency had filed seven charge sheets in courts in Delhi and Ghaziabad against Mittal, after which he purportedly fled the country, the sources told The Indian Express.

As he fled the country, the CBI got an Interpol Red Notice issued against him after he was declared a fugitive by the court. Vinay and his family members were reportedly tracked down to Bali in Indonesia. On India’s request, through the Red Corner Notice, the Indonesian authorities detained Vinay Mittal in January last year.

Recently, Indonesian President Joko Widodo had cleared Mittal’s extradition, following which he was sent to India this month, they said. He has been arrested upon arrival and sent to judicial custody, they said.

Mittal’s name had come in the list of prominent fugitive economic offenders of the government, which also includes the names of business tycoon Vijay Mallya, Nitin Sandesara, Nirav Modi, Mehul Choksi, and Jatin Mehta, among others.

After his extradition earlier this month, the agency achieved another success in the form of Mohammad Yahya —  was deported from Bahrain. He was wanted in a Rs 46 lakh bank fraud case.

Also read: PNB director says Rs 14,000 crore scam is bygone; Will Nirav Modi be spared?

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