India, Dec. 2 -- Fifteen fugitive economic offenders (FEOs), including the Sandesara brothers, Nirav Modi, and Vijay Mallya, owe Rs.58,082 crore to about a dozen public sector banks, of which the majority is the interest component on loans, the government told Parliament on Monday.
The government said the Sandesaras brothers and their companies owed Rs.18,694.32 crore, including Rs.7,875.40 crore in principal and Rs.10,818.92 in interest.
In a written reply in the Lok Sabha, minister of state for home Pankaj Chaudhary gave details of dues and settlements in cases pertaining to the FEO Act . The public sector banks have recovered Rs.3,156.17 crore from the Sandesara brothers.
Chaudhary said that as of October 31 this year, 15 people hav...
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