Ministry of Finance addressed a query regarding Indian loan defaulters and tax offenders residing abroad. While details on the number of offenders who have taken foreign citizenship or been extradited between 2014-19 and 2019-24 were not available from the Reserve Bank of India, it was noted that the information is not maintained by the RBI. The government confirmed that India has extradition treaties with 48 countries and arrangements with 12 others. Extradition treaties include countries like the USA, UK, Australia, Russia, and France, while arrangements are in place with countries such as Antigua & Barbuda, Italy, and Fiji, with some specific to narcotics-related crimes. Countries like China and some others do not have extradition treaties with India. The query also asked about the time taken for extradition, but this was not provided in the answer.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
RAJYA SABHA
UNSTARRED QUESTION NO-2468
ANSWERED ON TUESDAY, 17 DECEMBER, 2024/AGRAHAYANA 26, 1946 (SAKA)
EXTRADITION OF LOANS/TAX OFFENDERS
2468. SHRI SANDEEP KUMAR PATHAK
Will the Minister of FINANCE be pleased to state:-
(a) the number of Indian loan defaulters/offenders and tax offenders residing in other countries and since when, how many of them have taken citizenship of other countries, the country-wise details thereof;
(b) the number of loan defaulters/offenders and tax offenders brought back to India between 2014-19 and 2019-24;
(c) the number of days taken to extradite a loan/tax offender from the respective country in the last 2 terms of the Government, the country-wise and offender-wise details thereof; and
(d) the names of countries with which India does not have an extradition treaty?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PANKAJ CHAUDHARY)
(a) to (c): The Reserve Bank of India has apprised that this information is not maintained by it.
(d): As on date, India has signed extradition treaties with 48 countries and entered into extradition arrangement with 12 countries, details of which are at Annex.
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Annex
Rajya Sabha Unstarred question no. 2468, regarding Extradition of Loans/Tax Offenders Countries with which India has Extradition Treaties
| SN | Country | SN | Country |
| 1 | Afghanistan | 25 | Mexico |
| 2 | Australia | 26 | Mongolia |
| 3 | Azerbaijan | 27 | Nepal |
| 4 | Bahrain | 28 | Netherlands |
| 5 | Bangladesh | 29 | Oman |
| 6 | Belarus | 30 | Philippines |
| 7 | Belgium | 31 | Poland |
| 8 | Bhutan | 32 | Portugal |
| 9 | Brazil | 33 | Russia |
| 10 | Bulgaria | 34 | Saudi Arabia |
| 11 | Canada | 35 | South Africa |
| 12 | Chile | 36 | South Korea |
| 13 | Egypt | 37 | Spain |
| 14 | France | 38 | Switzerland |
| 15 | Germany | 39 | Tajikistan |
| 16 | Hong Kong | 40 | Thailand |
| 17 | Indonesia | 41 | Tunisia |
| 18 | Iran | 42 | Turkey |
| 19 | Israel | 43 | UAE |
| 20 | Kuwait | 44 | UK |
| 21 | Lithuania | 45 | Ukraine |
| 22 | Malaysia | 46 | USA |
| 23 | Malawi | 47 | Uzbekistan |
| 24 | Mauritius | 48 | Vietnam |
Countries with which India has Extradition Arrangement
| SN | Country | SN | Country |
| 1 | Antigua & Barbuda | 7 | Peru |
| 2 | Armenia | 8 | Singapore |
| 3 | Croatia* | 9 | Sri Lanka |
| 4 | Fiji | 10 | Sweden |
| 5 | Italy* | 11 | Tanzania |
| 6 | Papua New Guinea | 12 | New Zealand |
* The Extradition Arrangements with Italy and Croatia confine to Crimes related to Illicit Traffic in Narcotics Drugs and Psychotropic Substances owing to the fact that India, Italy and Croatia are parties to the 1988 UN Convention against Illicit Traffic in Narcotics Drugs and Psychotropic Substances.
