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Who Are the Top Financial Offenders Besides Mallya? Govt Makes List Public

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According to the list submitted by the Finance Ministry in the Lok Sabha, there are 28 fugitive economic offenders in India. The list was topped by Vijay Mallya, who has allegedly defrauded banks of around Rs 7,500 crore, based on two complaints by investigating agencies. These allegations are being investigated and under trial.

 
Who Are the Top Financial Offenders Besides Mallya? Govt Makes List Public

Vijay Mallya was the Chairman and MD of the now-closed Kingfisher Airlines, that incurred heavy losses and debts since its inception. He allegedly has to pay dues to 13 Indian banks, including SBI.

NameAmount (in Rs Crore)Status of the caseYear
Vijay Mallya6,203.00Under investigationSince 2016
Vijay Mallya1,301.67Under trialSince 2015
Mehul Choksi7,080.00Under investigation and trialSince 2018
Nirav Modi6,498.00Under investigation and trialSince 2018
Chetan, Nitin and Diptiben Sandesara5,383.00Under investigationSince 2017
Jatin Mehta4,625.00Under investigationSince 2014
Rajiv and Alka Goyal157.00Under trialSince 2014
Rajiv and Alka Goyal621.00Under investigationSince 2018
Sabya Seth389.85Under investigationSince 2018
Vinay Mittal43.81Under trialSince 2014
Pushpesh Baid34.71Under trialSince 2014
Pushpesh Baid3.75Under investigationSince 2016
Sudhir Kumar Kaura32.38Under trialSince 2015
Sanjay and Varsha Kalra8.77Under trialSince 2015
Sanjay Kumar Karla6.00Under investigationSince 2017
Eklavya Garg12.83Under investigationSince 2017
Sunny and Aarti Kalra10.99Under trialSince 2015
Surender, Angad and Harsahib Singh and Harleen Kaur5.92Under trialSince 2014

Among the top five are jewellers Mehul Choksi and Nirav Modi who are accused of fraudulently obtaining money from the Punjab National Bank. Chetan, Nitin and Diptiben Sandesara, the promoters of Sterling Biotech Ltd have defaulted loans from Andhra Bank. The Enforcement Directorate has already attached the company's assets worth Rs 4,701 crore in the fraud and money laundering case.

Read more about: vijay mallya
Story first published: Saturday, August 4, 2018, 12:55 [IST]
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