Thursday, October 11, 2018

Fugitive Economic Offenders Bill: Offenders can no longer run away

                                                       ECONOMIC


















Big time offenders can no longer run away and hide as the Fugitive Economic Offenders Ordinance (FEO) 2018 has tightened the grip of offenders. With India witnessing a surge in wilful defaulters of bank loans and alleged fraudsters, the Ordinance seeks to compel the fugitive offender to face trial in India through severe deterrents. In the recent past, India has experienced ineffective and challenging extradition like in the case of Vijay Mallya, Mehul Choksi, Nirav Modi and Lalit Modi.

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