Billionaire tycoon Vijay Mallya was declared a “fugitive economic offender” by an Indian court Saturday, the first businessman to be indicted under the country’s new anti-money laundering law. The Fugitive Economic Offenders Act approved in August targets suspects who flee abroad or ignore warrants, and allows the government to confiscate assets of those accused of […]
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from Daily Times http://bit.ly/2SFg7Dk
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