The Enforcement Directorate (ED) has initiated the extradition process against an absconding Ukranian national accused in the high-profile Torres jewellery fraud case. The move comes as part of the agency’s efforts to bring back the accused who fled India after allegedly defrauding the company.
Officials said the Ukranian accused played a key role in the financial irregularities linked to Torres jewellery, which involved siphoning off large sums of money through fraudulent transactions. The case has been under investigation for several months, with the ED tightening its probe into cross-border financial links.
The agency has approached the competent authorities to begin formal extradition proceedings, citing the seriousness of the charges and the need to ensure accountability. The accused is believed to have left India soon after the fraud came to light, prompting the ED to seek international cooperation.
The Torres jewellery case has drawn significant attention due to its scale and the involvement of foreign nationals. The ED’s latest move underscores its commitment to pursuing economic offenders who attempt to evade Indian law by fleeing abroad.
