Fugitive Economic Offenders Bill

Rajya Sabha passes Fugitive Economic Offenders Bill; move empowers govt to prevent fraudsters from fleeing country

Finance Minister Piyush Goyal, said the instances of people escaping and evading the legal process was increasing and that this needed to be checked

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

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

PNB fraud: Enforcement Directorate to seek fugitive tag for Gitanjali Gems boss Mehul Choksi

ED is set to move a special Mumbai court seeking the 'fugitive economic offender' tag for Mehul Choksi and confiscate his assets worth over Rs 6,000 crore

ED wants 'fugitive offender' tag for Vijay Mallya, seeks to confiscate liquor baron's assets worth Rs 12,500 crore

The application seeks to immediately confiscate about Rs 12,500 crore assets of Mallya and his companies, both movable and immovable

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

Budget Session updates: Lok Sabha adjourned for the day; Rajya Sabha to reconvene at 3.30 pm

Both Houses of Parliament saw adjournments on the first day of the second-half of budget session, with opposition members seeking to corner the government on a range of issues, including the multi-crore Punjab National Bank (PNB) fraud, demand for special status to Andhra Pradesh and demand for increasing quota beyond 50 percent in Telangana.

PNB scam: Who will audit the auditors, police the police and judge the judges? Nirav Modi gave a wake-up call to govt

For too long have auditors taken smug shelter behind the watchdog-not-bloodhound defence.

Cabinet approves Fugitive Economic Offenders Bill 2018; Arun Jaitley says Centre can't allow people to make 'mockery of law'

In a bid to tighten the noose around defaulters, the Cabinet has cleared the Fugitive Economic Offenders Bill 2018 and approved the establishment of National Financial Reporting Authority (NFRA), Finance Minister Arun Jaitley said.