Face2News/New Delhi
The Central Bureau of Investigation (CBI), in coordination with the Ministry of External Affairs (MEA) and the Ministry of Home Affairs (MHA), has successfully secured the extradition of Red Notice subject Kamlesh Parekh from the United Arab Emirates (UAE) to India on 01.05.2026.
The subject was wanted in connection with a case involving large-scale banking and financial fraud resulting in a loss of hundreds of crores to a consortium of banks led by the State Bank of India (SBI). The accused in conspiracy with other promoters and directors, facilitated diversion of bank funds through a network of overseas entities and business activities, including in the UAE, while actively managing export-related operations and financial transactions of the company and its associated entities abroad by using fraudulent practices such as manipulation of financial transactions and misuse of banking channels.
On the basis of an Interpol Red Notice, the accused was located in the UAE. Upon India’s request, the subject was detained by UAE authorities. Following due legal proceedings and close coordination between Indian and UAE authorities it was decided to hand over the subject to Indian authorities. The subject arrived at Delhi on 01.05.2026, where he was taken into custody by CBI, BSFB, Kolkata.
CBI, as the National Central Bureau for INTERPOL in India, coordinates with all Law Enforcement Agencies in India through BHARATPOL for assistance via INTERPOL channels. Due to coordinated efforts of MEA, MHA and various law enforcement authorities, more than 150 wanted criminals have been successfully brought back to India in the last few years through coordination via INTERPOL channels.
