July 19, 2018 8:07 AM

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Fugitive Economic Offenders Bill, 2018 introduced in Lok Sabha

<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: 22px; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-family: tahoma, sans-serif; font-size: 14pt;">The Fugitive Economic Offenders Bill, 2018 was introduced in the Lok Sabha yesterday. </span></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: 22px; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-family: tahoma, sans-serif; font-size: 14pt;"><br />''</span></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: 22px; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-family: tahoma, sans-serif; font-size: 14pt;">The bill has been brought to help the government in confiscating properties of economic offenders who have absconded the country to avoid prosecution. </span></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: 22px; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-family: tahoma, sans-serif; font-size: 14pt;"><br />''</span></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: 22px; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-family: tahoma, sans-serif; font-size: 14pt;">Introducing the Bill, Finance Minister Piyush Goyal said, offences involving 100 crore rupees or more will fall under its purview.</span></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; font-size: 11pt; font-family: calibri, sans-serif;"><b><span style="font-size: 14pt; font-family: tahoma, sans-serif;"> </span></b></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; font-size: 11pt; font-family: calibri, sans-serif;"><b><span style="font-size: 14pt; font-family: tahoma, sans-serif;"> </span></b></p>

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