Lucknow court declares bizman Mohd Iqbal Fugitive Economic Offender (FEO), orders confiscation of Rs 995.75cr assets
TNN / Apr 01, 2026, 15:22 (IST)
A special court in Lucknow declared businessman Mohd. Iqbal a Fugitive Economic Offender, ordering the confiscation of assets worth Rs 995.75 crore. The ruling stems from a money laundering case involving alleged irregularities in the sale of Uttar Pradesh sugar mills. Iqbal, who is residing in Dubai, failed to join the investigation despite multiple summons.