72 Indian Financial Fraudsters Have Fled The Country: MEA

The Ministry of External Affairs (MEA) recently informed the Lok Sabha that 72 Indians who have been facing charges of financial irregularities and frauds have fled the country. It also said that efforts are being made by the government to bring them back by way of issuance of LOC (look out circular), red corner notice (RCN) and extradition requests.

On Wednesday, citing information provided by various agencies, the ministry told the lower house of the Parliament that these individuals have been involved in cases that are under investigation since 2015 and a considerable amount is involved in the crimes committed by them.

The list of these economic offenders includes Vijay Mallya, Nirav Modi, Neeshal Modi, Mehul Choksi, Lalit Modi, Pushpesh Baid, Ashish Jobanputra, Vijay Mallya, Sunny Kalra, Sanjay Kalra, SK Kalra, Aarti Kalra, Varsha Kalra and Jatin Mehta, among others

In last January, the then minister of state for finance SP Shukla had informed the Parliament that 27 economic offenders and business defaulters had fled the country in previous five years.