News:Recently,the special Prevention of Money Laundering Act (PMLA) court has declared Nirav Modi as a fugitive economic offender (FEO) under Fugitive Economic Offenders Act,2018. Facts: About Fugitive Economic Offenders Act,2018: …
Read MoreAccording to the data provided by the Finance Ministry,banks have reported 44,016 frauds in the last 11 years since 2008-09.The frauds being considered in the list are those involving ₹1 …
Read MoreIndia has pitched strongly to deal with fugitive economic offenders at the G20 summit in Osaka,Japan. India has said that all countries should come together to deal with economic offenders …
Read MoreFugitive businessman Vijay Mallya has told the Bombay High Court that confiscation of his properties under the newly-enacted Fugitive Economic Offenders Act (FEOA) was draconian and it will not help …
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