India seeks consensus among G20 nations for faster extradition of economic offenders: Jitendra Singh
India is seeking a consensus among G20 nations against fugitive economic offenders to ensure their faster extradition and asset recovery, Union Minister Jitendra Singh said on Friday. Ahead of the crucial G20 anti-corruption ministerial meeting in Kolkata on Saturday, he said economic offences have been a problem faced by many, especially when offenders flee the country's jurisdiction.
«All countries are on the same page as far extradition of fugitive economic offenders and recovery of assets are concerned. But different laws of the member states pose a problem in this regard,» said Singh, the Union Minister of State for Personnel.
He said a consensus is already in the offing for collective and joint action to deal with this menace and deployment of sophisticated technologies is also being explored. «India is seeking consensus among G20 nations against fugitive economic offenders to ensure faster extradition of fugitive economic offenders and recovery of assets, both domestically as well as abroad,» the minister said.
Singh said the G20 meeting is making a good headway for a consensual approach. It was Prime Minister Narendra Modi who had presented a nine-point programme to take action against fugitive economic offenders during his address at the G20 Summit in Argentina, he said.
Singh said that PM Modi had highlighted the importance of cooperation in legal processes such as effective freezing of the proceeds of crime, early return of the offenders and efficient repatriation of the proceeds of crime. Singh pointed out that India had organised a unique event on exploring G20's perspective on synergizing gender sensitivity with anti-corruption strategies on the sidelines of the second G20 ACWG meeting in Uttarakhand's
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