Nirav Modi Decalred Fugitive Economic Offender
Punjab National Bank scam accused Nirav Modi has been declared a fugitive economic offender under Fugitive Economic Offenders Act by the special Prevention of Money Laundering Act (PMLA) court on…
Economic Offenders Bill tabled in Lok Sabha
Amidst growing pressure on the government to crack down upon cases of wilful default in the light of the recent Nirav Modi fiasco, the Finance Ministry tabled the tabled a…
Passport details mandatory for loans above Rs. 50 crores: Government
In order to ensure swift action against frauds, government has made passport details of borrowers mandatory for taking loans of Rs 50 crore and more. This is to prevent fraudsters…