You are here

India mulls measures to seize assets of financial offenders

BT_20170202_KVARUN2_2721483.jpg
Tycoon Vijay Mallya left for Britain last year owing over US$1 billion and has refused to return home from exile.

New Delhi

INDIA is considering new measures to seize the assets of "big time offenders" who flee abroad, the finance minister said Wednesday, after tycoon Vijay Mallya left for Britain last year owing over US$1 billion.

Arun Jaitley flagged a proposal to confiscate the domestic

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom