Mumbai HC declared that Vijay Mallya as 'offender'

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The government has already cancelled the former Rajya Sabha member's passport and requested Britain to deport him. But London has rejected the demand.A special Mumbai court today declared liquor baron Vijay Mallya, who owes a consortium of Indian banks nearly Rs 9000 crore, a proclamed offender in a money laundering case on a petition filed by the Enforcement Directorate (ED). Mallya has been living in London since sneaking out of India on March 2.

 

Mallya has snubbed the ED repeatedly ignoring a series of summons from the central agency to return to the country. According to the law, a person labelled a proclaimed offender is required to appear at a designated place, time in under 30 days from the day of court's order. Mallya had recently called investigations against him "heavily biased" and claimed that he was being labelled a criminal without a trial.
 

Earlier this week, the Enforcement Directorate attached Mallya's properties worth Rs 1411  under the Prevention of Money Laundering Act in Kingfisher Airlines-IDBI Bank case.Ferrari, swimming pools, helipad: An exclusive look inside Mallya's Goa villa   Mallya's now defunct Kingfisher Airline owes the consortium a whopping Rs 9,000 crores, including compound interest over the remaining combined loans of Rs 7,800 crores borrowed between 2004-12 before

 

it was grounded and shut down subsequently. The properties include two flats in Bengaluru and Mumbai, 4.5 acre of industrial plot in Chennai, coffee plantation land in Coorg, spread across 27 acre, and residential and commercial constructed area at UB CITY and Kingfisher Tower in Bengaluru

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