The Narendra Modi government plans to enact a law under which any property owned by fugitive economic offenders involving amounts in excess of Rs 100 crore can be confiscated and vested with the government for expeditious disposal. The law is expected to deter economic offenders from fleeing the country like Vijay Mallya did.The draft Fugitive Economic Offenders Bill 2017 has been put in the public domain by the finance ministry, which is seeking public feedback until 3 June. The Central Bureau of Investigation has been investigating a case against Mallya and the companies he controlled over allegations of money laundering since early last year and secured a non-bailable warrant against the businessman in a case related to money laundering and wilful default of loans. Mallya, who fled to UK in March 2016, was briefly arrested by the Scotland Yard in London on 18 April on India’s request for his extradition on fraud charges. He was released on bail a few hours later after he appeare