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27 economic offenders fled India in past 5 yrs: Govt informs Parliament

Interpol has already issued RCN against eight persons who have fled the country and extradition requests have been sent in the case of six

Press Trust of India  |  New Delhi 

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Illustration by Binay Sinha

Twenty-seven defaulting businessmen and have fled the country in the last five years, Parliament was informed on Friday. 

has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha.

He further said has already issued RCN against eight persons who have fled the country and requests have been sent in the case of six. 
 

As per the Directorate of Enforcement (ED), applications under Fugitive Act, 2018, have been filed against seven persons out of these 27, the minister said.

Shukla informed the House that Westminster Magistrates' Court in London has recommended of from the Uk to India.
 

The government, he said, has also advised the public sector banks to obtain a certified copy of the passport of promoters/directors and other authorised signatories of companies availing loan facilities of more than Rs 50 crore. 

First Published: Fri, January 04 2019. 15:16 IST
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