New Delhi: Two decades chase of CBI ended today, i.e., 09.07.2025 with the successful extradition of Fugitive Ms. Monika Kapoor, who is accused in a 2002 Import-Export fraud and was on run since then, from USA.
Fugitive Monika Kapoor, Prop. Of M/s Monika Overseas in conspiracy with her brothers namely Sh. Rajan Khanna and Sh. Rajiv Khanna forged export documents viz. Shipping Bills, Invoices and Bank Certificates of Export and Realization during the year 1998 and obtained 06 Replenishment (Rep.) Licenses for import of duty-free gold worth Rs 2.36 Cr. In furtherance of the criminal conspiracy, they sold the said Rep. Licenses to M/s Deep Exports, Ahmedabad on premium. M/s Deep Exports, Ahmedabad utilized the said licenses and imported duty free gold which caused loss to the Government Exchequer to the extent of Rs 1.44 Cr during the year 1998.
On completion of investigation, charge sheet was filed on 31.03.2004 against Monika Kapoor, Rajan Khanna and Rajeev Khanna u/s 120-B r/w 420, 467, 468 and 471 of the IPC. Ld. Chief Metropolitan Magistrate, District Court Saket, New Delhi vide order dated 20.12.2017 had convicted Rajan Khanna and Rajeev Khanna.
Accused Monika Kapoor did not join investigation and trial, she was declared proclaimed offender by the trial court on 13.02.2006. The Ld. Trial Court has also issued open non-bailable warrant of arrest on 26.04.2010 and Red Corner Notice also issued against her. A request for extradition was also sent by CBI on 19.10.2010 to the US Authorities.
Following intense coordination with authorities in the USA, a CBI team travelled to US to take custody of the fugitive. This extradition marks a major breakthrough in the pursuit of justice and reiterates CBI’s commitment to bringing fugitives to face the law in India, irrespective of international boundaries. The CBI team is returning to India with the fugitive. Ms. Monika is being produced before the concerned court and she will now face the trial.
The CBI remains steadfast in its mission to combat economic crimes and will continue to pursue all legal avenues to ensure that the fugitives are brought to justice.
