oppn parties Economic Offenders: Beginning Made, But Big Fishes Wanted

News Snippets

  • Rape-accused AAP MLA from Punjab, Harmeet Singh Pathanmajra, escaped after gunshots were fired when the police came to arrest him in Karnal in Haryana
  • Government has lifted the ban on producing ethanol from molasses
  • Delhi riot case: Delhi HC denies bail to Umar Kahlid, Sharjeel Imam and eight others
  • PM Modi says that the use of indecent language by the Congress against his dead mother is an insult to all women
  • Supreme Court says if the court can clear all pending bills, it might as well step into the governor's shoes while TN government asks it to set timelines for the governor
  • Indrani Mukherjea's duaghter Vidhie has claimed that her statements to the police and the CBI were 'forged and fabricated' to implicate her parents
  • BRS supremo K Chandrasekhar Rao has expelled his daughter K Kavitha from the party for anti-party activities
  • PM Modi said that the world trusts India with semiconductor future
  • FM Nirmala Sitharaman says the economy is set to become transparent once next-generation GST reforms are unleashed
  • Markets turn negative on Tuesday: Sensex sheds 207 points to 80158 and Nifty lost 45 points to close at 24580
  • After Dream 11's withdrawal (due to ban on online gaming companies), BCCI has invited bids for Team India's lead sponsor
  • Hockey - Asia Cup: India to play South Korea in the Super-4
  • PM Modi confers with Chinese Premier Xi and Russian President Putin on the sidelines of the SCO
  • US Prez Trump calls trade with India a 'one-sided disaster'
  • Supreme Court asks why minority institutions are left out of the ambit of RTE, will re-examine its 2014 ruling
Commerce minister Piyush Goyal hoepful of trade deal with the US by November
oppn parties
Economic Offenders: Beginning Made, But Big Fishes Wanted

By Slogger
First publised on 2018-10-16 13:12:41

About the Author

Sunil Garodia Holding an extreme view and carting the ball out of the park is what interests him most. He is a hard hitter at all times. Fasten your seatbelts and read.
It is good that a beginning has been made in bringing back economic offenders who had fled India. That Mohammed Yayha has been apprehended in Bahrain after an Interpol red-corner notice was issued and that India managed to convince the authorities there to deport him just shows that what the government can achieve if there is will. But this instance shows that similar will is not present in other high profile cases, although it may be that Bahrain was more cooperative than UK, the Caribbean countries or other countries where the likes of Vijay Mallya, Mehul Choksi and Nirav Modi have fled.

Although India is pursuing most of the cases abroad, not much headway is being made. Mallya is fighting his cases in UK courts although the banks have got many favourable decisions in respect of attaching his properties abroad. The same is the case of Nirav Modi. But that will neither solve the problem nor deter others. As long as these big fishes are not apprehended and brought back to face trial in India, the public perception will remain that they were tipped off and allowed to flee.

Hence, the government must reexamine its strategy and exert all kinds of legal and diplomatic pressures on countries where these offenders are believed to have fled. In an election year, this is going to be a hot topic. The opposition is going to pan the government for this lapse. Hence, it is required that the government unleashes everything in its armoury to bring them back and clear its name. This government claims to be corruption-free and unsupportive of crony capitalism. Now it has to walk the talk.