Ex-Legislator Declared Fugitive: A Case of Corruption and Confiscation

A Lucknow court has named former UP MLC Mohd Iqbal a fugitive economic offender, ordering the confiscation of three sugar mills worth nearly Rs 1,000 crore. The decision follows ED’s investigation into money laundering, stemming from a PIL alleging corruption and illegal activities in the sale of these mills.

A court in Lucknow has labeled former Uttar Pradesh political figure Mohd Iqbal as a fugitive economic offender.

This decision, according to a PTI report based on a court order, involves confiscating three sugar mills valued at around Rs 1,000 crore. This follows an ED investigation into money laundering activities linked to Iqbal.

The Fugitive Economic Offender Act facilitates this action against those accused of serious financial fraud. Iqbal, previously from the BSP, is supposedly residing in Dubai, evading legal proceedings related to allegations of corruption and illegal sales practices.

(With inputs from agencies.)