Economic Offenders

Showing 1 of 11 from 11 results
Economic Offenders - Total results - 11
G20 Summit: Shinzo Abe backs Narendra Modi's efforts to press member countries on issue of fugitive economic offenders
India

G20 Summit: Shinzo Abe backs Narendra Modi's efforts to press member countries on issue of fugitive economic offenders

Japanese Prime Minister Shinzo Abe on Thursday backed his Indian counterpart Narendra Modi, who is pressing the G20 members that they should deal with the issue of fugitive economic offenders.

MCA issues lookout notices against 20; Jet Airways founder Naresh Goyal's name on list
Business

MCA issues lookout notices against 20; Jet Airways founder Naresh Goyal's name on list

The look-out notice has been served against people who allegedly siphoned funds or were involved in serious fraud and irregular transactions, sources said.

Rajiv Saxena-Deepak Talwar deportation gives BJP a potent weapon against Rahul Gandhi's Rafale guns
India

Rajiv Saxena-Deepak Talwar deportation gives BJP a potent weapon against Rahul Gandhi's Rafale guns

The deportations of Rajiv Saxena (linked to AgustaWestland scam) and Deepak Talwar (an economic offender) give BJP the chance to highlight Narendra Modi’s image as an “anti-corruption crusader” and a “doer” who “keeps his word”

Twenty-seven economic offenders fled India in last 5 years: MoS for Finance Shiv Pratap Shukla
Business

Twenty-seven economic offenders fled India in last 5 years: MoS for Finance Shiv Pratap Shukla

Interpol has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha.

Narendra Modi's 9-point agenda on fugitive economic offenders futile; problems lie at home, not abroad
India

Narendra Modi's 9-point agenda on fugitive economic offenders futile; problems lie at home, not abroad

India's proposal to G20 member nations is meaningless because it's not lack of cooperation but the poor image of Indian investigating agencies, judiciary and jail system which has prevented extradition of criminals in the past

President approves Bill aimed at deterring economic offenders from fleeing country, preventing cases like Vijay Mallya, Nirav Modi
Business

President approves Bill aimed at deterring economic offenders from fleeing country, preventing cases like Vijay Mallya, Nirav Modi

A fugitive economic offender is any individual who is facing arrest for his involvement in economic offences worth at least Rs 100 crore and has left India so as to avoid criminal prosecution.

Offshore tax haven concealing data may delay seizure of assets under Fugitive Economic Offenders law
Business

Offshore tax haven concealing data may delay seizure of assets under Fugitive Economic Offenders law

The ED can do little despite penetrating the veil of secrecy in some cases due to tax havens' non-cooperation in unearthing tax evasion and fraud.

Govt panel to suggest changes in law to prevent economic offenders from fleeing country
Business

Govt panel to suggest changes in law to prevent economic offenders from fleeing country

The government has come out with the Fugitive Economic Offenders Bill, giving authorities powers to attach and confiscate properties of economic offenders

Vijay Mallya summoned by special court under fugitive offenders ordinance; first such action under law
Business

Vijay Mallya summoned by special court under fugitive offenders ordinance; first such action under law

If Vijay Mallya does not appear before the court, he risks being declared a fugitive economic offender, besides properties linked to him being confiscated.

Parliament Budget session: Bill to confiscate economic offenders' properties introduced in Lok Sabha
Business

Parliament Budget session: Bill to confiscate economic offenders' properties introduced in Lok Sabha

The government on Monday introduced a bill in the Lok Sabha which provides for confiscation of properties of fugitive economic offenders

Banks collecting passport details of those borrowing over Rs 50-cr a possible precursor to change in passport rules
Business

Banks collecting passport details of those borrowing over Rs 50-cr a possible precursor to change in passport rules

Section 10 of Passport Act empowers authorities to revoke one’s passport in the interest of the sovereignty and integrity of India.