Monday, 04 May 2026
Breaking News
CHANDIGARH GRUESOME MURDER OF CHINNI KUBAHERI: MASTERMIND LADY AMREEN ARRESTED IN SUPARI KILLING CBI COORDINATES RETURN OF WANTED FUGITIVE KAMLESH PAREKH FROM UAE CBI COORDINATES RETURN OF WANTED FUGITIVE OF HARYANA POLICE AALOK KUMAR FROM UAE CBI ARRESTS ABSCONDING ACCUSED IN ₹2672 CRORE BANK FRAUD CASE CBI COURT AWARDS 10 YEARS IMPRISONMENT TO THE ACCUSED IN PRATAPGARH INSPECTOR CULPABLE HOMICIDE CASE THREE DAYS 5TH INDIAN TRADITIONAL SPORTS & GAMES FESTIVAL CONCLUDES ONE-DAY MEDIA WORKSHOP ON CLIMATE CHANGE ON MAY 7 OBC COMMUNITY OF PUNJAB SHOULD UNITE, BJP WILL FORM NEXT GOVT IN THE STATE: CM NAYAB SINGH SAINI FOUR LINKED TO CROSS-BORDER ARMS SMUGGLING MODULE HELD WITH SEVEN PISTOLS  NARCOTICS SMUGGLING NETWORK BUSTED IN AMRITSAR; THREE HELD WITH 12KG HEROIN 
Chandigarh Trending

CBI ARRESTS ABSCONDING ACCUSED IN ₹2672 CRORE BANK FRAUD CASE

Face2News/Kolkata

The Central Bureau of Investigation (CBI) has arrested an absconding accused, Kamlesh Parekh, in a high-profile bank fraud case against Shree Ganesh Jewellery House (I) Ltd., Kolkata, on 01.05.2026, after his extradition from UAE.

The case was registered by CBI, BSFB, Kolkata in 2016 against the company and others for allegedly cheating a consortium of 25 banks to the tune of ₹2672 crore. The accused, Parekh, Promoter of the company, was chargesheeted by the CBI on 31.12.2022.

The accused Kamlesh Parekh had been absconding since investigation. Open-ended NBW was issued against him in 2019 and a Red Corner Notice (RCN) was issued through INTERPOL in 2024. UAE authorities detained him on the basis of the said notice and he has been extradited to India.

He will be produced today, i.e., on 2.05.2026, before the competent court at New Delhi for transit remand and thereafter taken to Kolkata for production before the competent court.