Fugitive Economic Offenders Bill passed in Rajya Sabha
The Rajya Sabha on Wednesday passed the Fugitive Economic Offenders Bill, 2018, which empowers authorities to confiscate the assets of economic offenders who flee the country. The Lok Sabha had passed the bill on July 19. The bill proposes the formation of a special court under the Prevention of Money Laundering Act to declare a person a fugitive economic offender.