CBI Nabs Fugitive Kamlesh Parekh After 10-Year Pursuit
- The Central Bureau of Investigation , with assistance from the Ministry of External Affairs and the Ministry of Home Affairs, brought fugitive Kamlesh Parekh from the United Arab Emirates to India on May 1, 2026, following a 10-year pursuit.
- Kamlesh Parekh was wanted for involvement in a large-scale banking and financial fraud causing losses of hundreds of crores to a consortium of banks led by the State Bank of India.
- Investigators stated that Parekh managed export operations and financial transactions abroad and diverted bank funds through a network of overseas entities using fraudulent methods.
- Parekh was located based on an Interpol Red Notice, detained by UAE authorities, and handed over to Indian officials after legal and agency coordination; he is currently in custody with the CBI in Kolkata for further investigation.
17 Articles
17 Articles
UAE deports Indian man wanted in Rs 2,672 cr bank fraud case
New Delhi: The CBI has arrested Kamlesh Parekh, a fugitive wanted in a 10-year-old Rs 2,672 crore bank fraud case, after his extradition from the UAE, officials said on Saturday, May 2. Parekh, wanted in the bank fraud case filed against Shree Ganesh Jewellery House (I) Ltd, Kolkata, was extradited from the UAE on Friday, May 1, they said. The CBI had registered the case in 2016 against the company and others for allegedly cheating a consortium …
The Print
CBI arrests Kamlesh Parekh after extradition from UAE in Rs 2,672 cr bank fraud case
New Delhi, May 2 (PTI) The CBI has arrested Kamlesh Parekh, a fugitive wanted in a 10-year-old Rs 2,672 crore bank fraud case, after his extradition from the UAE, officials said on Saturday. Parekh, wanted in the bank fraud case filed against Shree Ganesh Jewellery House (I) Ltd, Kolkata, was extradited from the UAE on […]
CBI nets key accused in massive banking fraud case, extradited from UAE - News Next Live
New Delhi: In a major breakthrough in a high-profile banking and financial fraud case, the Central Bureau of Investigation (CBI) has successfully secured the arrest and extradition of key accused Kamlesh Parekh, who had been absconding for a prolonged period. Parekh was apprehended in the United Arab Emirates based on an INTERPOL Red Corner Notice issued against him. Acting on India’s formal request, UAE authorities detained the accused and faci…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
