Read the following statements carefully:
1.President Ram Nath Kovind has given assent to the Fugitive Economic Offenders Bill, 2017, that will deter offenders to evade legal process in India and flee the country.
2.The bill was passed by the Rajya Sabha on 25 July 2017 and by the Lok Sabha on 19 July 2017.
3.The Bill allows designated special court to declare a person as fugitive economic offender and and to confiscate his property.
Which of the above statements is/are correct?