New Delhi: Fugitive industrialist Vinay Mittal has been extradited to India from Indonesia’s Bali on the request of the Central Bureau of Investigation, stated officials on Tuesday. He was involved in seven bank fraud cases worth Rs 40 crores. Vinay Mittal was one of the most prominent fugitive economic offenders of the Government who fled the country after defrauding banks. He was one of the 28 fugitives including Vijay Mallya, Nitin Sandesara, Nirav Modi, Mehul Choksi and Jatin Mehta mentioned in the list prepared by the External Affairs Ministry.Also Read - Why is Cryptocurrency Banned For Muslims in This Country?

Also Read - Great News! Indonesia Cuts Quarantine Period For International Tourists

The agency had earlier registered cases against Mittal on the request of Corporation Bank and Punjab National Bank in 2014 and 2016. Punjab National bank is already reeling under Rs 13,000 crore alleged bank fraud committed by Nirav Modi and Mehul Choksi. Also Read - Has The 'Island of Gold' Been Found? Indonesian Fishermen Discover Hidden Treasure Trove Worth Millions!

After the agency filed seven charge sheets against Vinay Mittal in the courts of Delhi and Ghaziabad, he allegedly absconded from the country. The court then declared him a fugitive and a Red Corner notice was issued against him, stated officials. A red corner notice is issued to provisionally arrest the offender post extradition.

Based on the Red Corner Notice, Indonesian authorities began their hunt for the fugitive offender and finally traced his family in Bali, Indonesia. Vinay Mittal was arrested by the authorities in January 2017. Recently, Indonesian President cleared Mittal’s extradition to India and he was sent back to India this month. He has been arrested upon arrival and sent to judicial custody, according to officials.

Earlier today, CBI had successfully deported Mohammad Yahya from Bahrain. Mohammad Yahya is another economic offender who is wanted in a Rs 46 lakh bank fraud case.

(With Agency inputs)