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


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.

Name Amount (in Rs Crore) Status of the case Year
Vijay Mallya 6,203.00 Under investigation Since 2016
Vijay Mallya 1,301.67 Under trial Since 2015
Mehul Choksi 7,080.00 Under investigation and trial Since 2018
Nirav Modi 6,498.00 Under investigation and trial Since 2018
Chetan, Nitin and Diptiben Sandesara 5,383.00 Under investigation Since 2017
Jatin Mehta 4,625.00 Under investigation Since 2014
Rajiv and Alka Goyal 157.00 Under trial Since 2014
Rajiv and Alka Goyal 621.00 Under investigation Since 2018
Sabya Seth 389.85 Under investigation Since 2018
Vinay Mittal 43.81 Under trial Since 2014
Pushpesh Baid 34.71 Under trial Since 2014
Pushpesh Baid 3.75 Under investigation Since 2016
Sudhir Kumar Kaura 32.38 Under trial Since 2015
Sanjay and Varsha Kalra 8.77 Under trial Since 2015
Sanjay Kumar Karla 6.00 Under investigation Since 2017
Eklavya Garg 12.83 Under investigation Since 2017
Sunny and Aarti Kalra 10.99 Under trial Since 2015
Surender, Angad and Harsahib Singh and Harleen Kaur 5.92 Under trial Since 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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