agencies follow an expedited independent due process of law to decide who falls into that categorysome 31 indians have fled the country to avoid prosecution lawmakers were told in parliament on march 14 of those living in the uk only one person has been extradited to india during the past three years with 16 requests pending v k singh minister of state for external affairs has saidthe government needs to strengthen existing systems and extradition procedures instead of drafting new laws said aditya wadhwa a new delhibased criminal lawyer parliament is considering enacting the fugitive economic offenders bill to give authorities the power to impound the assets of those who have fled the country after committing an economic offense involving rs 100 crore or moreknee jerk reactionthis legislation is a kneejerk reaction of the government wadhwa said we have an extradition law already in place the question is why are we unable to effectively implement itearlier asset seizures could only happen after a conviction order was secured which meant delays eys singh said also the new law includes benami a south asian term that means assets bought in someone elses name which under the proposed legislation could also be seizedthats a pretty serious power in the hands of authorities singh saidthe government is also considering prohibiting 91 people from traveling overseas on account of their roles as owners or directors at 400 companies deemed wilful defaulters according to a person familiar with the plans indian banks have also been asked to provide passport details of individuals who have signed applications or stood guarantors for soured credits of more than rs 50 crore the person saidpublic statementso strong is the concern about businessmen leaving the country that brothers malvinder singh and shivinder singh who are defending allegations that they siphoned off cash from two of their publicly traded businesses assured in a february 22 statement that we are not going anywhere