The Lok Sabha passed the Fugitive Economic Offenders Bill,
2018, which aims to prevent perpetrators of major financial frauds from fleeing
the country. The Bill seeks to strengthen the norms to ensure that wilful
defaulters like Vijay Mallaya, Nirav Modi and Mehul Choksi cannot evade the
legal process in future. The Bill would empower investigative agencies to seize
even benami properties of the offenders, besides their legal assets.
DECCAN CHRONICLE NEWSPAPER
NEW INDIAN EXPRESS NEWSPAPER
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