New Delhi on May 27 (IANS): The Ministry of Corporate Affairs (MCA) has sent out a circular with names of over 20 people suspected of financial offense, sources say Monday. Sources said the circular contains the name Naresh Goyal, the president of the now-earthed Jet Airways.
See circulars issued by several authorities, including the Foreign Ministry, MCA, the Directorate for Income Tax and Enforcement, to keep an eye on the arrival and departure of India by both Indians and foreign nationals.
The lookout announcement has been served on people who allegedly seized money or were involved in serious fraud and irregular transactions, sources say.
Indicates a strict stance on economic offenders, say the circular issued to Investigation and Securities Centers that their "summer vacation must stop".
People with knowledge of the development said that the list has been prepared over time and will be reviewed and new names added as needed.
The development is coming soon after Naresh Goyal and his wife Anita were relieved from a London-bound flight in Mumbai on Saturday. According to sources, they were relieved by a look at circular issued by MCA and SFIO.
Meanwhile, CMD & # 39; has from both public and private banks also been empowered to inform law enforcement agencies if a notice is to be served against any intentional offenses they suspect to attempt to abstain from. In a few cases, banks have also been asked to take custody of passports by such offenders.
The government and law enforcement agencies seem to have become proactive after receiving a lot of flags with economic offenders like Nirav Modi, Mehul Choksi and Vijay Mallya flying the country for the last couple of years.
Now with the BJP-led NDA set for its second period, it would be interesting to see how it further deals with financial offense and offenders. As a first step, it appears that messages are being used aggressively to pursue offenders and prevent them from leaving the country by taking preventive measures.