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Govt releases list of all fugitive economic offenders, reveals scope of their frauds
short by Ashley Paul / on Monday, 1 December, 2025
Finance Ministry released list of all fugitive economic offenders who've been given the tag under Fugitive Economic Offenders Act, 2018. The table shows the offenders owe Indian banks over ₹58,000 crore, including principal and interest, of which ₹19,000 crore has been recovered. Notably, businessmen Nitin and Chetan Sandesara are the only offenders who've partially settled their fraud amounts.