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India mulls measures to seize assets of financial offenders

Thursday, February 2, 2017 - 05:50

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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

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