File # CCS 1996-6007
2009-10-29 15:47 PDT

Vancouver, B.C. On Thursday October 29, 2009 the RCMP Federal Commercial Crime Section handed Mr. Rakesh Saxena over to Thailand authorities pursuant to the Government of Canada granting an Order of Surrender. The Supreme Court of Canada denied any further appeals by Mr. Saxena, in his attempt to overturn a lower-court decision upholding his extradition.

Mr. Saxena was charged in Thailand in 1996 with embezzling money from the Bangkok Bank of Commerce. The RCMP Federal Commercial Crime Section arrested Mr. Saxena for extradition matters in 1996 in Whistler, British Columbia. Since that time, Mr. Saxena has been appealing the extradition process and has been kept under house arrest with conditions. Today, the Surrender Order was executed and Mr. Saxena was turned over to Thailand Officials at Vancouver International Airport and has been escorted from the Country.

The RCMP Commercial Crime Section is committed to reducing the impact of financial crime on Canadians and maintaining the integrity of the economy through enforcement, public education and crime prevention. A significant part of the enforcement strategy is to work in partnership with international authorities. By adopting this approach, perpetrators of alleged “white collar crimes” are dealt with according to the law, and reinforces the message that they are not immune to overseas prosecution.

Released by:

Sgt. Tony Farahbakhchian
E Division Federal Commercial Crime Section
604-598-5393

Email: bcrcmp@rcmp-grc.gc.ca

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