Fugitive Economic Offenders Act, 2018 (FEOA) since 2024.
Properties worth ₹ 1,303.16 crore have been confiscated under the provisions of the Fugitive Economic Offenders Act, 2018, pertaining to such offenders since 2024, he added.
Out of the above-mentioned fugitives, Red Notice has been published against 8 individuals, and extradition requests have been sent in respect of 4 individuals who were located, he said.
Moreover, he said 12 Mutual Legal Assistance Requests (MLAR) have also been sent.
He further said that the necessary steps have been taken by the government to restitute the confiscated property to the legitimate victims of such economic offences.
So far, he said, the Directorate has successfully restored properties valued at approximately ₹73,015.03 crore to victims or legitimate claimants, resulting in restitution of ₹15,262.30 crore and ₹32,677.97 crore during FY 2024-25 and 2025-26, respectively.
Moreover, he said that during the FY 2026-27 till date, an amount of ₹9,873.11 crore has been restituted.
As per the Reserve Bank of India’s (RBI) Balance of Payments (BoP) statistics, he said, net private transfers, mainly representing remittances by Indians employed overseas, increased from $124.6 billion in 2024-25 to $144.8 billion in 2025-26.
Further, the net transfers increased from $9.4 billion in April 2025 to $16 billion in April 2026 despite the war, he said in a separate reply.
- Published On Jul 21, 2026 at 08:27 PM IST
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