Fugitive Economic Offenders Act 2018 Current Affairs - 2019

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Wilful Defaulters in Nationalised Banks up by 60% in 5 years: Govt

As per a written reply given by Union Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, the number of wilful defaulters in nationalised banks has increased by more than 60% to 8,582 in five years to March 2019. Key Highlights The Finance Minister provided the written reply in Lok Sabha to a question asked that Read More…

Month:  Categories: Business, Economy & Banking


Vijay Mallya declared as Fugitive Economic Offender

The  Prevention of Money Laundering (PMLA) court in Mumbai has declared Vijay Mallya as a Fugitive Economic Offender. Vijay Mallya is the first businessman to be charged under the new fugitive economic offender’s act 2018. Declaration of the Fugitive Economic Offender Vijay Mallya is declared as the Fugitive Economic Offender under the following provisions: According to Read More…

Month:  Categories: Constitution & Law