CBI arrests Kamlesh Parekh after extradition from UAE in Rs 2,672 cr bank fraud case
New Delhi (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 Friday, they said.
The CBI had registered the case in 2016 against the company and others for allegedly cheating a consortium of 25 banks to the tune of Rs 2,672 crore.
“The agency had chargesheeted Parekh, the promoter of the company who had been absconding since the probe began, on December 31, 2022,” a CBI spokesperson said in a statement.
“An open-ended non-bailable warrant was issued against him in 2019, while a Red Corner Notice was issued through Interpol in 2024. The authorities in the UAE detained him on the basis of the said notice after which he was extradited to India,” the statement said.
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Whoever wins heart of Gandhi family in Congress will become CM: Basavaraj Bommai
Gadag: In Congress, whoever wins the hearts of Sonia Gandhi, Rahul Gandhi, and Priyanka Gandhi will become the Chief Minister. This is a shame for the democratic system, said former Chief Minister and MP Basavaraj Bommai.
Speaking to the media in Gadag, he said there is a clash among leaders due to excessive desire for power. Cabinet ministers are trying to retain their positions. Some leaders are demanding ministerial posts saying they have won elections multiple times, while newcomers are also seeking ministerial positions. He added that the Chief Minister is trying to retain his position.
Bommai said Mallikarjun Kharge is a senior leader and feels he should have been given the Chief Minister post fairly.
He further said that Siddaramaiah and DK Shivakumar function as the high command, referring to Rahul Gandhi and Sonia Gandhi, and added that Congress is a family-based party. He reiterated that whoever wins the support of Rahul Gandhi, Sonia Gandhi, and Priyanka Gandhi becomes the Chief Minister, calling it a shame for the democratic system and alleging that the party has weakened internal democracy.
Responding to a question about allegations that officials in the government are not working, he said, “The people who made them are angry. The Congress has cheated the people who elected them. The government is completely at a standstill. No work has been done. About Rs 14,000 crores provided in Siddaramaiah's last budget have not been used. About Rs 10,000 crores were not used in the year before that either. How will the officials work if there is political conflict? If the CM says one thing and the DCM says another, this government has completely come to a standstill in the eyes of the people.”
