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Wednesday 22 January 2020

Fugitives have looted Rs 17,900 crore: Govt

On being asked what concessions were given or loans waived for these fugitives, MoS Finance Anurag Thakur said competent courts were handling these cases

On Tuesday, the central government today gave the rough and wild estimates of people about the extent of money misappropriated by the fugitives like Vijay Mallya, Nirav Modi, Mehul Choksi, etc by announcing in Parliament that a total of 51 people have fled after committing economic crimes, robbing the country of Rs 17,900 crore. Union Minister of State for Finance Anurag Singh Thakur gave this information in a written reply in Rajya Sabha on “Fugitive Economic Offenders”.

Thakur said that the Central Bureau of Investigation (CBI) has reported that 51 absconding and declared criminals have turned fugitives in 66 cases till date. He said, “The CBI has reported that a total of Rs 17,947.11 crore has been defrauded by the accused persons in these cases.”

The minister was asked what concessions were given or loans were waived for these fugitives. He said that the ED and CBI had filed applications in the competent courts in respect of these cases and either investigation or some other action was going on.

Extradition requests for 51 fugitives

Thakur said that the CBI was working on 51 extradition requests in respect of declared criminals and absconding people, which were pending at various stages.

Talking about other central agencies, the minister said that the Central Board of Indirect Taxes and the Customs Department (CBIC) had reported about six fugitive economic offenders who have illegally left the country.

The minister said, “The Enforcement Directorate has filed applications against 10 persons in the competent court under the Fugitive Economic Offenders Act, 2018.”

Thakur added, “Against the extradition requests sent by the Enforcement Directorate for eight persons, Interpol red-corner notices have been issued.”

Among the most famous cases of fugitives, Vijay Mallya is facing a trial these days in England, to which India has asked for his extradition. Another court in the United Kingdom is hearing the case of Nirav Modi. Mehul Choksi is bidding his time in Antigua with the excuse that he is unwell.

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