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CBI arrests 2 for Rs 2,700 crore fraud after extradition from UAE
The CBI, with MEA and MHA coordination, extradited two Red Notice subjects from the UAE: Kamlesh Parekh and Aalok Kumar. Parekh is linked to a Rs 2,672 crore banking fraud case registered in Kolkata in 2016; Kumar is tied to a Haryana police case involving forged documents and passport procurement. Both were detained by UAE authorities following Interpol notices and handed over to India on May 1, 2026; Parekh arrived in Delhi and Kumar in Mumbai, where they were taken into custody by Indian authorities.
Why It Matters
Demonstrates cross-border cooperation and the use of Interpol notices to extradite fugitives involved in large-scale financial and identity-related crimes.
Timeline
3 Events
May 1, 2026: Aalok Kumar arrives in Mumbai after extradition
May 1, 2026
Kumar, involved in a Haryana police case for offences including cheating, forgery, criminal conspiracy and use of forged documents for obtaining passports fraudulently, arrived in Mumbai on May 1, 2026 and was taken into custody by Haryana police.
May 1, 2026: Kamlesh Parekh arrives in Delhi after UAE extradition
May 1, 2026
Parekh, located in the UAE following an Interpol Red Notice, was extradited to India. He arrived in Delhi on May 1, 2026 and was taken into custody at Kolkata in connection with the 2016 Kolkata case.
2016: CBI registers Kolkata case against Kamlesh Parekh for banking and financial fraud
2016
CBI registered a case in Kolkata in 2016 accusing Parekh and others of cheating a consortium of 25 banks; the allegations include diversion of bank funds through overseas entities and misuse of banking channels.