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Vijay Mallya keen to return to India; moves application in trial court for passport

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Updated: September 9, 2016 12:55:33 PM

Beleaguered liquor baron Vijay Mallya has expressed interest in returning to India.

Vijay Mallya, Vijay Mallya passport, Vijay Mallya latest newsAccording to reports, Vijay Mallya has moved an application in the trial court, seeking to reverse the decision of revoking his passport. (Reuters file photo)

Beleaguered liquor baron Vijay Mallya has expressed interest in returning to India. According to reports, Vijay Mallya has moved an application in the trial court, seeking to reverse the decision of revoking his passport. Mallya has told the court that he wants to return to India, but his passport has been revoked. The diplomatic passport of the 60-year-old industrialist was suspended on April 15 by the External Affairs Ministry on the recommendation of the Enforcement Directorate. ED has approached the MEA seeking initiation of deportation proceedings against liquor baron Mallya charged with money laundering.

Last week the Enforcement Directorate attached the assets, properties, and shares of Mallya, the total worth of which amounted to Rs 6,630 crore. The ED attached an under-construction mall and Mallya’s luxury apartment in Bengaluru and worth Rs 800 crore and a farmhouse in Maharashtra whose valuation is Rs 200 crore. Shares worth Rs 3,000 crore, of United Breweries Limited and United Spirits Limited which are companies owned by Mallya have also been attached.

Mallya had defaulted more than Rs 9,000 crore on loans through the now closed Kingfisher Airlines, a company founded by him. He has also been accused of money laundering, and the ED has been wanting him for questioning. But Mallya has been living abroad since March and denied all accusations and has said that he was in talks with the banks to settle the loans.

 

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