New Delhi The government on Monday introduced a bill in the Lok Sabha which provides for confiscation of properties of fugitive economic offenders and also gave clearance to set up an authority to oversee auditing standards of large companies. The Fugitive Economic Offenders Bill, 2018. A fugitive economic offender is a person against whom an arrest warrant has been issued in respect of a"scheduled offence"and who has left India so as to avoid criminal prosecution. (IANS)
India
Bill on economic offenders introduced in LS
Mar 13, 2018
New Delhi The government on Monday introduced a bill in the Lok Sabha which provides for confiscation of properties of fugitive economic offenders and also gave clearance to set up an authority to oversee auditing standards of large companies. The Fugitive Economic Offenders Bill, 2018. A fugitive economic offender is a person against whom an arrest warrant has been issued in respect of a"scheduled offence"and who has left India so as to avoid criminal prosecution. (IANS)