Govt releases list of all fugitive economic offenders, reveals scope of their frauds
Finance Ministry released list of all fugitive economic offenders who've been given the tag under Fugitive Economic Offenders Act, 2018. The table shows the offenders owe Indian banks over ₹58,000 crore, including principal and interest, of which ₹19,000 crore has been recovered. Notably, businessmen Nitin and Chetan Sandesara are the only offenders who've partially settled their fraud amounts.