fugitive economic offenders act

Central Bureau of Investigation HQ, in New Delhi. File | Photo Credit: PTI A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central…

MUMBAI: Beleaguered businessman Vijay Mallya bought properties worth Rs 330 crore in England and France during 2015-16 even as his Kingfisher Airlines was facing a cash crunch at that time and banks had not recovered the loans defaulted by…

NEW DELHI: The government on Tuesday said assets worth Rs 19,111.20 crore relating to fugitives Vijay Mallya, Nirav Modi and Mehul Choksi, have been attached so far. In a written reply to the Rajya Sabha, minister of state for finance…

NEW DELHI: The government on Wednesday informed the Supreme Court that Rs 18,000 crore have been returned to banks from Vijay Mallya, Nirav Modi and Mehul Choksi. All three are declared as fugitive economic offenders (FEO) in India under…