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'GOVT SAYS 15 FEOs OWE ₹58K-CR TO PUBLIC BANKS'
Hindustan Times Ludhiana
|December 02, 2025
The Centre informed the Parliament on Monday that 15 fugitive economic offenders (FEOs), including the Sandesara brothers, Nirav Modi and Vijay Mallya, together owe ₹58,082 crore to about a dozen public sector banks, majority of which is the interest component of the loans they took.
In a written reply in Lok Sabha, Union Minister of State for home Pankaj Chaudhary gave statistics of dues and settlement so far in cases pertaining to the FEO Act. Chaudhary said that, as of October 31 this year, 15 people have been declared as FEOs under the
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