Indian minister announces recovery of $2.8 billion in properties from economic offenders.

Finance Minister Nirmala Sitharaman announced that properties worth ₹22,280 crore have been restored to banks and claimants from economic offenders, including fugitives Vijay Mallya, Nirav Modi, and Mehul Choksi. The move aims to recover funds and deter economic offenses. Sitharaman also noted an increase in taxpayers declaring foreign assets, highlighting the effectiveness of the Black Money Act of 2015.

3 months ago
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