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Malabar Gold & Diamonds Marks One-Year Anniversary of Hunger Free World Initiative in Ahmedabad

Malabar Gold & Diamonds Marks One-Year Anniversary of Hunger Free World Initiative in Ahmedabad
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ED attaches properties worth 17 70 crs in ABC Cotspin bank fraud case

Mumbai: ED provisionally attaches assets worth Rs 17 70 cr of pvt firm in bank fraud case

How India stands in catching economic offenders despite Nirav Modi win

Nirav Modi, the diamond merchant wanted in India on charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, on Thursday lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts. While this may be construed as a huge win for Indian government, an RTI reply published by IANS news agency last year shows India s record in catching economic fugitive offenders in last 6 years has been patchy at best. In a candid admission, the Centre has stated that of the 72 absconding economic offenders, the government has managed to bring only two in the past nearly six years, as per a reply under the Right To Information (RTI).

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