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{{short description|Indian legal term}}
{{Use Indian English|date=April 2019}}
{{Use dmy dates|date=April 2019}}

A '''Fugitive Economic Offender''' (FEO) is a legal term in [[India]]. It relates to any individual against whom a [[Arrest warrant|warrant]] for [[arrest]] in relation to a "scheduled offence" has been issued by any Indian court under the [[Fugitive Economic Offenders Act]]. It applies to individuals who either left India to avoid criminal prosecution; or, being abroad, refuses to return to India to face criminal prosecution. The list of FEOs currently residing abroad is Pushpesh Baid, Ashish Jobanputra, Vijay Mallya, Sunny Kalra, Sanjay Kalra, Sudhir Kumar Kalra, Aarti Kalra, Varsha Kalra, Jatin Mehta, Umesh Parekh, Kamlesh Parekh, Nilesh Parekh, Eklavya Garg, Vinay Mittal, Nirav Modi, Neeshal Modi, Mehul Choksi, Sabya Seth, Rajiv Goyal, Alka Goyal, Lalit Modi, Nitin Jayantilal Sandesara, Chetankumar Sandesara, Ritesh Jain, Hitesh Narendrabhai Patel, Mayuriben Patel and Priti Ashish Jobanputra.<ref name="auto1">{{Cite web|url=https://www.thehindu.com/news/national/list-of-fugitive-economic-offenders-living-abroad/article24600603.ece|title=List of fugitive economic offenders living abroad|first=The Hindu Net|last=Desk|date=4 August 2018|via=www.thehindu.com}}</ref><ref>{{Cite web|url=https://littleindia.com/28-fugitive-economic-offenders-living-outside-india-says-govt/|title=28 Fugitive Economic Offenders Living Outside India, Says Govt|date=6 August 2018}}</ref><ref>{{Cite web|url=http://m.dailyhunt.in/news/india/english/dailyhunt+examprep-epaper-dexampre/who+are+the+top+financial+offenders+besides+mallya+govt+makes+list+public-newsid-93881656|title=Who Are the Top Financial Offenders Besides Mallya? Govt Makes List Public - Dailyhunt ExamPrep|website=Dailyhunt}}</ref><ref name="auto2">{{cite web|url=https://www.livemint.com/Companies/2rBU4V1jumGfJguL9rdSyO/Nirav-Modi-Vijay-Mallya-and-29-other-Indian-fugitives-owe.html|title=Nirav Modi, Vijay Mallya, and 29 other Indian fugitives owe Rs40,000 crore|first=Jayshree P.|last=Upadhyay|date=16 March 2018|website=Mint}}</ref>

== History ==

===2018===
On 14 March 2018, Minister of State for External Affairs [[M. J. Akbar]] stated the names of the 31 absconding businesspeople in the [[Lok Sabha]], including [[diamond]] traders Nirav Modi, Mehul Choksi, Jatin Mehta and embattled [[liquor]] baron Vijay Mallya, who is facing a investigation from the [[Central Bureau of Investigation]] (CBI).<ref>{{Cite web|url=http://www.newindianexpress.com/business/2018/mar/14/31-business-people-under-cbi-probe-absconding-ministry-of-external-affairs-1787112.html|title=31 business people under CBI probe absconding: Ministry of External Affairs|website=The New Indian Express}}</ref>

Minister of State for External Affairs Gen. (Retd.) [[V. K. Singh]] submitted the FEO names to the Lok Sabha on 25 July 2018. Singh said: "efforts are being made for securing the presence of these accused in the country by way of issuance of LOC ([[Look out circular|Look out Circular]]), RCN ([[Red corner notice]]) and [[extradition]] requests." The CBI and the Enforcement Directorate are pursuing legal actions to bring back 28 Indians (including six women), who have been charged for financial irregularities and criminal offenses, and are believed to have been living abroad since 2015.<ref name="auto1" />

===2019===
On 4 January 2019, Minister of State for Finance [[Shiv Pratap Shukla]] said in the Lok Sabha the names of the 27 defaulting businessmen and economic offenders who had fled the country in the last five years. [[Interpol]] has been approached and asked to issue RCNs to 20 of the 27 offenders.<ref>{{Cite web|url=https://www.financialexpress.com/economy/27-economic-offenders-fled-india-in-last-5-yrs/1433559/|title=27 economic offenders fled India in last 5 yrs|date=4 January 2019}}</ref>

===2020===
On February 5, 2020, the Minister of State for Finance S.P. Shukla informed the Lok Sabha that a total of 72 Indians charged with frauds or financial irregularities are currently abroad and efforts are being made to bring them back to the country. Only 2 of the fugitives have been brought back to India and they are Vinay Mittal and Sunny Kalra.<ref>{{Cite web |url=https://www.business-standard.com/article/current-affairs/india-catches-only-2-of-72-fugitive-economic-offenders-in-5-years-rti-120112000580_1.html |title=India catches only 2 of 72 fugitive economic offenders in 5 years: RTI |date=20 November 2020 |website=[[Business Standard]] |language=en}}</ref>

== List of Fugitive Economic Offender (FEO) ==

{| class="wikitable sortable"
! style="text-align:Center"|Name of the person!! style="text-align:center"|Amount Swindled in Rs.Crores!! style="text-align:center"|Accused Company Name!! style="text-align:center"|Lives in!! |Extradition Status
|-
| Vijay Mallaya || style="text-align:right"|7,505<ref name="auto">{{Cite web|url=https://www.bloombergquint.com/business/mallya-leads-the-list-of-indias-28-fugitive-economic-offenders|title=Mallya Leads The List Of India's 28 Fugitive Economic Offenders|website=BloombergQuint}}</ref>|| M/s.Kingfisher Airlines Ltd ||[[United Kingdom]]|| Not extradited – extradition is in progress
|-
| Mehul Choksi || style="text-align:right"|7,080<ref name="auto"/>|| Gitanjali group (M/s.Gitanjali Gems Ltd, M/s.Gili Jewellery, M/s.D'damas, M/s.Nakshatra World Ltd) ||[[Antigua]]|| Not extradited – India does not have an extradition treaty with Antigua, but India is trying to bring back Choksi under the provisions of the 1993 Extradition Act of Antigua and Barbuda, which provides for extradition of a fugitive to a designated Commonwealth country.<ref>{{Cite web|url=https://www.businesstoday.in/current/economy-politics/punjab-national-bank-scam-mehul-choksi-says-use-of-antigua-prime-minister-powers-to-extradite-him-violates-nation-democracy/story/321563.html|title=PNB scam: Mehul Choksi says use of Antigua PM's powers to extradite him violates nation's democracy|website=businesstoday.in}}</ref>
|-
| Jatin Metha||style="text-align:right"|6,580<ref>{{Cite web|url=https://thelogicalindian.com/news/jatin-mehta-winsome-diamonds/|title=How Jatin Mehta Of Winsome Diamonds Pulled Off A Rs 7000 Cr Scam & Is Living Peacefully In Caribbean Islands|date=22 February 2018}}</ref>|| M/s.Winsome Diamonds and Jewellery Ltd, M/s.Precious Jewellery and Diamond and M/s.Su-Raj Diamonds||[[St Kitts and Nevis]]|| Not extradited – India does not have an extradition treaty with St Kitts and Nevis
|-
| Nirav Modi || style="text-align:right"|6,498<ref name="auto"/>|| M/s.Firestar Diamond Ltd and M/s.Nirav Modi Ltd || United Kingdom || Not extradited – extradition is in progress
|-
| Nitin Sandesara and [[Chetan Sandesara]] || style="text-align:right"|5,383<ref>{{Cite news|url=https://www.hindustantimes.com/india-news/cbi-seeks-info-on-rs-5-300-crore-fraud-accused-nitin-sandesara-from-nigeria/story-n72uupcnzav2rK6KI5E5bN.html|title=CBI seeks info from Nigeria on accused Nitin Sandesara for Rs 5,300 crore fraud|date=25 September 2018|work=[[Hindustan Times]]}}</ref>|| M/s.Sterling Biotech Ltd and M/s.PMT Machines<ref>{{Cite web|url=https://thewire.in/political-economy/the-fall-of-sterling-biotech-and-the-brothers-sandesara|title=The Fall of Sterling Biotech and the Brothers Sandesara|website=The Wire}}</ref>|| Nigeria || Not extradited
|-
| Umesh Parekh, Kamlesh Parekh and Nilesh Parekh || style="text-align:right"|2,672<ref>{{Cite web|url=https://www.thehindubusinessline.com/news/shree-ganesh-jewellery-promoter-arrested-in-multi-crore-fraud-case/article24175488.ece|title=Shree Ganesh Jewellery promoter arrested in multi-crore fraud case|first=Our|last=Bureau|website=@businessline}}</ref>|| M/s.Shree Ganesh Jewellery House Ltd ||[[Dubai]]; [[Kenya]]<ref>{{cite web|url=http://financeintellect.com/home-page/home/arrest-umesh-parekh/|title=Will NAMO bring back Vijay Mallya, NiMo, Umesh Parekh?|date=7 July 2018|publisher=}}</ref>|| Not extradited
|-
| Lalit Modi || style="text-align:right"|1,700<ref>{{Cite web|url=https://www.deccanchronicle.com/150616/nation-current-affairs/article/lalit-modi-be-put-notice-rs-1700-crore-ipl-scam|title=Lalit Modi to be put on notice for Rs 1,700 crore IPL scam|date=16 June 2015|website=Deccan Chronicle}}</ref>|| M/s.Modi Enterprises Ltd and M/s.IPL|| United Kingdom || Not extradited – extradition is in progress<ref>{{Cite web|url=https://economictimes.indiatimes.com/news/politics-and-nation/india-seeks-uk-help-in-extradition-of-mallya-lalit-modi/articleshow/64387262.cms|title=India seeks UK help in extradition of Mallya, Lalit Modi|date=30 May 2018|via=The Economic Times}}</ref>
|-
| Ritesh Jain<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/mumbai/ED-all-set-to-book-diamond-trader-for-laundering-Rs-1500cr/articleshow/56264233.cms|title=ED all set to book diamond trader for laundering Rs 1,500 crore - Times of India|website=The Times of India}}</ref>|| style="text-align:right" |1,421<ref>{{Cite web|url=https://in.news.yahoo.com/post-demonetisation-ed-issues-summons-091547764.html|title=ED issues summons to 'middlemen' before nailing politicians in Rs 1500cr diamond remittance scam|website=in.news.yahoo.com}}</ref>|| M/s.Rajeshwar Exports Ltd and M/s.Auro Gold Jewellery Private Ltd<ref>{{Cite web|url=https://www.indiatoday.in/india/story/diamond-remittance-case-politicians-bankers-ritesh-jain-rajeshwar-exports-demonetisation-964827-2017-03-09|title=Mumbai: Politicians, bankers under ED's lens in Rs 1500 crore diamond remittance case|first1=Virendrasingh Ghunawat|last1=MumbaiMarch 9|first2=2017UPDATED|last2=March 9|first3=2017 18:03|last3=Ist|website=India Today}}</ref>|| || Not extradited
|-
| Rajiv Goyal and Alka Goyal<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/chandigarh/cheating-forgery-charges-framed-against-accused-in-rs-157-crore-fraud/articleshow/60367904.cms|title=Cheating, forgery charges framed against accused in Rs 157 crore fraud - Times of India|website=The Times of India}}</ref>|| style="text-align:right" |778<ref name="auto"/>|| M/s.Surya Pharmaceuticals Ltd || || Not extradited
|-
| Ashish Jobanputra<ref>{{cite web|url=https://www.dnaindia.com/business/report-why-cbi-is-inactive-in-rs-770-crore-bill-discounting-scam-2201010|title=Why CBI is inactive in Rs 770-crore bill discounting scam?|date=12 April 2016|website=DNA India}}</ref>|| style="text-align:right" |770<ref name="auto2"/>|| M/s.ABC Cotspin Private Ltd || || Not extradited
|-
| Sabhya Seth || style="text-align:right"|390<ref name="auto"/>|| M/s.Dwarka Das Seth International Private Ltd<ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/obc-fraud-cbi-quizzes-sabhya-seths-family/articleshow/63190534.cms|title=OBC fraud: CBI quizzes Sabhya Seth's family - Times of India|website=The Times of India}}</ref>|| Dubai <ref>{{cite web|url=https://timesofindia.indiatimes.com/city/delhi/oriental-bank-of-commerce-fraud-delhi-jewellers-fled-india-in-2014-cbi-says/articleshow/63062421.cms|title=Oriental Bank of Commerce fraud: Delhi jewellers fled India in 2014, CBI says|last=Chauhan |first=Neeraj|date=Feb 25, 2018|website=The Times of India}}</ref> || Not extradited
|-
| Sanjay Bhandari || style="text-align:right"|150<ref name="auto2"/>|| M/s.Offset India Solutions Private Ltd and M/s.Avaana Software and Services Private Ltd<ref>{{cite web|url=https://www.sundayguardianlive.com/news/arms-dealer-sanjay-bhandaris-companies-function-merrily|title=Arms dealer Sanjay Bhandari's companies function merrily|date=6 October 2018|publisher=}}</ref>|| || Not extradited
|-
| Vinay Mittal || style="text-align:right"|43.19<ref name="auto2"/>|| M/s.Krishna and Krishna Enterprises and M/s.Mittal Metals <ref>{{Cite web|url=https://in.news.yahoo.com/hc-sets-aside-6-arrest-165645961.html|title=HC sets aside 6 arrest orders against extradited industrialist Vinay Mittal in fraud cases|website=in.news.yahoo.com}}</ref>|| Indonesia || Extradited <ref>{{Cite web|url=https://zeenews.india.com/companies/industrialist-vinay-mittal-wanted-in-7-bank-fraud-cases-extradited-from-indonesia-2148849.html|title=Industrialist Vinay Mittal, wanted in 7 bank fraud cases, extradited from Indonesia|date=16 October 2018|website=Zee News}}</ref>
|-
| Sunny Kalra || style="text-align:right"|10<ref name="auto2"/>|| M/s.White Tiger Steels Private Ltd <ref name="auto3">{{Cite web|url=https://economictimes.indiatimes.com/news/politics-and-nation/cbi-deportes-sunny-kalra-in-bank-fraud-case/articleshow/74524936.cms|title=CBI deports Sunny Kalra in PNB fraud case|via=The Economic Times}}</ref>|| Oman || Extradited <ref name="auto3"/>
|-
|}

{{clr}}

==See also==
* [[Mehul Choksi]]
* [[Nirav Modi]]
* [[Punjab National Bank Scam]]

== References ==
{{reflist}}

[[Category:Law in India]]

Fugitive Economic Offender - Revision history

>SdkbBot at 08:31, 3 July 2021