Fugitive Economic Offenders Ordinance 2018: From Vijay Mallya, Nirav Modi to Jatin Mehta, check out the top 5

In a bid to deter economic offenders from evading the law of the country, the Union Cabinet on Saturday approved a proposal to promulgate the Fugitive Economic Offenders Ordinance 2018. The move is a big blow to India’s erstwhile top businessmen-cum-economic fugitives - Vijay Mallya, Nirav Modi, Mehul Choksi, Jatin Mehta and others - who fled the country to evade criminal prosecution. The ordinance seeks to confiscate properties of such economic fugitives.