financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Economy
financetom
/
Economy
/
27 economic offenders fled India in last 5 years
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
27 economic offenders fled India in last 5 years
Jan 4, 2019 6:43 AM

Twenty-seven defaulting businessmen and economic offenders have fled the country in the last five years, Parliament was informed on Friday.

Share Market Live

NSE

Interpol has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha.

He further said Interpol has already issued RCN against eight persons who have fled the country and extradition requests have been sent in case of six.

As per the Directorate of Enforcement (ED), applications under Fugitive Economic Offenders Act, 2018 have been filed against seven persons out of these 27, the minister said.

Shukla informed the House that Westminster Magistrates' Court in London has recommended extradition of Vijay Mallya from the UK to India.

The government, he said, has also advised the public sector banks to obtain a certified copy of passport of promoters/directors and other authorised signatories of companies availing loan facilities of more than Rs 50 crore.

First Published:Jan 4, 2019 3:43 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US retail sales beat expectations in March
US retail sales beat expectations in March
Apr 15, 2024
WASHINGTON (Reuters) - U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. Retail sales rose 0.7% last month, the Commerce Department's Census Bureau said on Monday. Data for February was revised higher to show sales rebounding 0.9% instead 0.6% as...
 US growth may be a global boon, but inflation could derail the train
US growth may be a global boon, but inflation could derail the train
Apr 14, 2024
WASHINGTON (Reuters) - U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high inflation and tight monetary policy in the world's largest economy could pose new risks to a hoped-for soft landing around the world. As global financial leaders gather in Washington this week for...
 Retail Sales Rises More Than Expected In March, Indicate Strong Consumer Spending
Retail Sales Rises More Than Expected In March, Indicate Strong Consumer Spending
Apr 15, 2024
The pace of retail sales growth increased more than expected last month, indicating that consumers are exhibiting increased resilience despite recent inflationary pressures. Retail and food services sales for March increased by 4% compared to the previous year, much higher than the previous upwardly revised growth rate of 2.1%, according to the U.S. Census Bureau’s advance estimates released Monday. March...
 US Dollar Falls Early Monday Ahead of Retail Sales, Empire State, NAHB
US Dollar Falls Early Monday Ahead of Retail Sales, Empire State, NAHB
Apr 15, 2024
07:49 AM EDT, 04/15/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Monday, except for a small improvement versus the yen, before the release of retail sales data for March and Empire State manufacturing conditions data for April, both at 8:30 am ET. The National Association of Home Builders sentiment index for April and business...
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2026 - www.financetom.com All Rights Reserved