The Enforcement Directorate's annual report highlights a major crackdown on high-value economic fugitives. 21 individuals, including Nirav Modi and Vijay Mallya, have been declared Fugitive Economic Offenders (FEOs) under the 2018 Act, leading to the confiscation of assets worth ₹2,178 crore. This demonstrates the government's legal framework to pursue offenders who flee the country to evade prosecution.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›Total FEOs Declared: 21 individuals
- ›Assets Confiscated: ₹2,178.34 crore
- ›Target this Data: 21 declared FEOs and ₹2,178 crore confiscated (Prelims fact).
- ›Target this Nodal Body: Enforcement Directorate (ED) under the Ministry of Finance.
- ›Target this Legal Point: Fugitive Economic Offenders Act (FEOA), 2018, and the ₹100 crore threshold.
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.