Agencies will continue to work closely: PM Modi on extradition of economic offenders from UK
The prime minister made the remarks after meeting his British counterpart
Keir Starmer
at
Chequers
, the countryside residence of the British PM.
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"On the matter of
extradition of economic offenders
as well, our agencies will continue to work together in close coordination and cooperation," Modi said in his media statement.
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India has been raising with the UK the issue of extradition of economic offenders such as
Vijay Mallya
, Nirav Modi and
Lalit Modi
.
Nirav Modi, the fugitive diamond merchant, is wanted in India to stand trial on fraud and
money laundering
charges in an estimated USD 2 billion
Punjab National Bank
(PNB) loan scam case.
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Mallya, who fled to the United Kingdom in March 2016, is wanted in India over a default of Rs 9,000 crore that was loaned to
Kingfisher Airlines
(KFA) by several banks.
Lalit Modi is also wanted by Indian probe agencies for his alleged involvement in money laundering and violating the Foreign Exchange Management Act, 1999 (FEMA).
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