Economic Offence  

Starting next year, India would have a comprehensive database called National Economic Offence Records that would help in tracking economic offenders.

The Supreme Court has rejected Congress leader P Chidambaram’s anticipatory bail on the lines that it would ‘hamper probe’. The top court had said that anticipatory bail must be exercised sparingly in cases of economic offences. 
 

The economic offences wing (EOW) of the Madhya Pradesh government has registered the case sighting illegalities, including financial wrongdoings and recruiting teaching faculty and administrative staff on the basis of their allegiance to a particular ideology.

Prime Minister Narendra Modi said that his government made laws to prevent economic offences in the country. The law also enabled the Indian government to seize their property at any corner in the world.

Nowhera Shaikh, founder of the Heera group, was booked again by the Economic Offences Wing of Mumbai Police for Rs 500 crore Heera Gold investment fraud case.