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Non-bailable arrest warrant issued against Mallya

Mon, Apr 18, 2016, 06:07 PM
Mumbai, April 18: A special court here on Monday issued a non-bailable arrest warrant against liquor baron Vijay Mallya, official sources said.

On April 15, the Enforcement Directorate had moved the special court handling cases under the Prevention of Money Laundering Act, seeking the warrant against Mallya who is currently outside India.

On at least three occasions, Mallya failed to honour ED summons for questioning in various cases pertaining to his loans of over Rs.9,000 crore and allegations of money laundering.

After he failed to appear in person on March 18, April 2 and April 9, he sought time till May to come to the ED, as he is abroad since March 2.

The ED move came soon after the central government suspended Mallya's diplomatic passport on April 15.
Agency: IANS

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