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India to seize property of super-rich fugitives: document

NEW DELHI: Indian authorities will be empowered to seize properties of super-rich fugitives whose economic offences or crimes involve sums over 1 billion rupees ($15 million), according to a government document seen by Reuters on Saturday. The move comes as the country reels from a series of banking scandals, including a $2 billion fraud at state-run Punjab National Bank that was uncovered in February. Mumbai jewellers Nirav Modi and his uncle Mehul Choksi are prime suspects in the case and a special court of the…