“Fugitive Economic Offender Act was enacted in 2018. The Directorate of Enforcement (ED) has informed that as on August 2, 2023, there are eight fugitive economic offenders who are wilful defaulters,” he said.
ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic offenders, amounting to Rs 34,118.53 crore have been attached, out of which assets amounting to Rs 15,838.91 crore have been confiscated and assets amounting to Rs 15,113.02 crore have been restituted to the public sector banks, he said.
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