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Vijay Mallya, Nirav Modi Among 15 Persons Declared Fugitive Economic Offenders for Bank Frauds, Says MoS Pankaj Chaudhary

Minister of State for Finance Pankaj Chaudhary said that the 15 persons, declared FEOs by the Special Court under the provisions of the Fugitive Economic Offenders Act, 2018 (FEOA), caused a financial loss of Rs 26,645 crore to banks, as principal amount till October 31, 2025.

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