NSEL scam: Extradition plan sent to Centre

MUMBAI: City economic offences wing (EOW) sent an extradition proposal to the ministry of home affairs (MHA), to extradite Anubhav Agarwal, detained by Abu Dhabi Interpol recently. Agarwal (43), a director in Ludhiana-based ARK Imports is a key accused in the Rs 5,600 crore National Spot Exchange Limited (NSEL) scam.
“We sent a 196-page extradition proposal to MHA.From there it will be sent to UAE. It includes the English and Arabic translation of important parts of the FIR, chargesheets,” said an officer. Properties worth Rs 102 crore were attached in the case.
Agarwal’s father, Kailash, was arrested in the case by EOW in 2014. The duo allegedly duped 13,000 investors on the pretext of commodity trading, and raised Rs 719 crore. Thirty four others have been arrested in the case.