The Fugitive Economic Offenders Act (FEOA) was enacted by the Narendra Modi government in 2018 to crackdown on those who are charged with high-value economic frauds and abscond from the country to evade the law.
Get latest articles and stories on India at LatestLY. Ten people, including liquor baron Vijay Mallya and diamond merchant Nirav Modi, have been declared as fugitive economic offenders by courts since 2018, Rajya Sabha was informed on Tuesday. India News | 10 People Declared Fugitive Economic Offenders Since 2018: Govt.
Ten biggest wilful defaulters owe ₹40,825 cr to banks thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.