Absconding Industrialist Vinay mittal extradited from Indonesia on CBI request

Absconding industrialist Vinay Mittal, wanted in bank fraud cases of nearly Rs 40 crore, has been extradited from Indonesia recently on CBI’s request. Mittal was involved in Rs 40 crore bank fraud cases of Punjab National Bank & Corporation Bank.

CBI had filed 7 charge sheets against Vinay Mittal, on the complaint of PNB and Corporation Bank.

Earlier this year on July 20, Minister of State for Finance, Shiv Pratap Shukla revealed the name of persons involved in bank fraud and submitted the list of offenders in the Parliament.

Shukla in the list of offenders revealed 28 cases involving higher officials of the public sector banks in financial irregularities. The contrast of his reply pertains to people who have fled the country after the scam.

The offenders’ list mentions absconding industrialist Vinay Mittal in 6 cases, 5 in the year 2014 and one in 2016.