​​​
  1. ED to Court: Declare Vijay Mallya a proclaimed offender

ED to Court: Declare Vijay Mallya a proclaimed offender

ED today asked the Anti money laundering court to declare Vijay Mallya as a proclaimed offender as he is still absconding.

By: | Published: June 14, 2016 4:02 PM
"Under Sec 82, courts can give Vijay Mallya 30 days to be present for probe", said the ED counsel. (AP Photo) “Under Sec 82, courts can give Vijay Mallya 30 days to be present for probe”, said the ED counsel. (AP Photo)

Enforcement Directorate (ED) today asked the Anti money laundering court to declare Vijay Mallya as a proclaimed offender as he is still absconding.

“Under Sec 82, courts can give Vijay Mallya 30 days to be present for probe”, said the ED counsel.

Mallya, whose defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks, left India on March 2.

The agency registered a money laundering case against him and others based on an FIR registered last year by the CBI.

It is also investigating financial structure of the Kingfisher Airlines and possible payment of kickbacks to secure loans.

The ED is also seeking to invoke the India-United Kingdom Mutual Legal Assistance Treaty (MLAT) to have him extradited from Britain.

(With inputs from PTI)

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top