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  Fugitive economic offenders exploit gaps, weaknesses in international cooperation: Jitendra Singh

  India | June 06, 2021 9:28 IST

  Addressing the session on challenges and measures to fight corruption', Singh said India has made it clear that the world is presently combatting another serious emerging challenge of fugitive economic offenders.

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  Extradition of Vijay Mallya, Nirav Modi figures in India-UK virtual summit

  India | May 05, 2021 0:03 IST

  India has been pressing the United Kingdom to extradite Mallya and Modi to face trial in India for their alleged involvement in cases relating to financial fraud.

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  Nirav Modi declared fugitive economic offender in PNB scam case

  India | December 05, 2019 15:04 IST

  Nirav Modi and his uncle Mehul Choksi are the prime accused in the PNB fraud case, related to alleged fraudulent issuance of Letters of Undertaking that caused a loss of over USD 2 billion to the public sector bank.

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  Mallya becomes first tycoon to be declared 'Fugitive Economic Offender'; BJP calls it 'feather in govt's cap'

  India | January 05, 2019 18:16 IST

  The BJP on Saturday said the absconding Vijay Mallya being declared a fugitive economic offender by a Mumbai court has come as a feather in the ruling party's cap in its fight against corruption.

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  PNB fraud case | Nirav Modi afraid of ‘getting lynched’, cannot return to India: Lawyer tells court

  India | December 01, 2018 17:48 IST

  Unlike liquor baron Vijay Mallya, who is accused of a loan default of over Rs 9000 crore, Modi had no Non-Performing Assets (NPAs) when he left the country, his lawyer argued.

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  G20 summit: PM Modi presents 9-point agenda to take action against fugitive economic offenders

  World | December 01, 2018 9:21 IST

  It was Prime Minister Narendra Modi who presented the agenda in the second session of the G20 Summit on international trade, international financial and tax systems.

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  Bombay HC rejects Vijay Mallya's plea for stay on ED's request to declare him 'fugitive economic offender'

  Business | November 22, 2018 22:20 IST

  The ED had filed an application before a special Prevention of Money Laundering Act (PMLA) court seeking the 'fugitive' tag for Mallya under the Fugitive Economic Offenders' Act, 2018.

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  All economic offenders will be brought back to country: Rajnath Singh

  India | October 26, 2018 19:45 IST

  The home minister also termed transaction in banks as the lubricant of economy which keeps it moving.

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  President Kovind gives nod to Bill deterring economic offenders to flee the country

  India | August 05, 2018 11:37 IST

  Under the new law, designated special court can declare a person as fugitive economic offender and can also confiscate his property, including 'benami' ones.

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  Govt notifies rules to operationalise Fugitive Economic Offenders Ordinance

  Business | April 29, 2018 13:45 IST

  The fugitive economic offenders law comes in the backdrop of alleged fraudsters like Nirav Modi running away from the country after cheating Punjab National Bank to the tune of about USD 2 billion.

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  President Kovind signs ordinance to confiscate properties of fugitive economic offenders

  India | April 22, 2018 10:53 IST

  The Fugitive Economic Offenders Bill was introduced in the Lok Sabha on March 12, but could not be taken up for discussion and passage due to the logjam in Parliament over various issues.

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  Cabinet approves ordinance to confiscate properties of fugitive economic offenders

  India | April 22, 2018 6:58 IST

  Sources said the ordinance aims at deterring economic offenders from evading the process of Indian law by remaining outside the jurisdiction of Indian courts.

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  Death Penalty For Economic Offenders Would Be Barbaric, Says Law Ministry

  India | September 23, 2011 21:31 IST

  New Delhi, Sep 23: The Law Ministry today told a government panel on black money that imposing death penalty on economic offenders would be barbaric and take the nation backward.The opinion was communicated to CBDT