Saturday 21 April 2018

Ordinance to tackle fugitive bizmen gets govt nod

The Union Cabinet on Saturday approved promulgation of the Fugitive Economic Offenders Ordinance, 2018, aimed at empowering authorities to attach and confiscate proceeds of crime — changes in law which will have implications for absconders like jewellers Nirav Modi and Mehul Choksi and former liquor baron Vijay Mallya.

from Times of India https://ift.tt/2Hjz6gZ
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