Fugitive Economic Offenders Bill, 2017 Approved by Law Ministry
The law ministry has given its
concurrence to a draft bill that will give powers to the government to
confiscate property of economic offenders and defaulters who flee India, albeit
with a new provision .
Law Ministry proposed a "Saving Clause" to be
incorporated in the Fugitive Economic Offenders Bill 2017 before its
presentation in the Lok Sabha.
The saving clause provides for certain exception(s) in a
statute.
It enables the repealed law to be in force with respect
to some existing rights.
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