Mega duty evasion accused to face trial in 13 cases

Rs.54-crore duty evasion cases in Delhi and Mumbai Rastogi, his brothers and cousin cheated Indian government NEW DELHI: The Central Bureau of Investigation has secured the extradition of Narendra Rastogi from the United States for his trial in 13 cases of Customs duty evasion of Rs.54 crore registered in Delhi and Mumbai. He will be produced in a Mumbai court on Saturday. Bank fraud Narendra was arrested by the Federal Bureau of Investigation in May 2002 in connection with a bank fraud in the U.S. in which he cheated several banks of about $ 70 crore. Wanted by the CBI in customs duty evasion cases, Narendra pleaded guilty to all the charges there in December 2003 and was sentenced to seven years’ imprisonment. This March, the U.S. Department of Justice informed the CBI that Narendra’s sentence would be completed in June,... [read full story]