Current Affairs National

Cabinet Approves Promulgation Of Fugitive Economic Offenders Ordinance

Category : National

 The Union Cabinet approved the promulgation of the Fugitive Economic Offenders Ordinance 2018, which would empower the government to seize the domestic assets of those deemed by a relevant court to be fugitive economic offenders. The Ordinance has a provision for a ‘Special Court’ under the Prevention of Money-laundering Act, 2002 to declare a person as a Fugitive Economic Offender.
Source- The Hindu


You need to login to perform this action.
You will be redirected in 3 sec spinner