Long arms of law reaching Vijay Mallya? Liquor baron likely to return to India soon
There is an interesting development in the Vijay Mallya loan default case. The beleaguered businessman has told Patiala House Court that he wants to return to India, but cannot come due to revocation of passport.
Zee Media Bureau
New Delhi: There is an interesting development in the Vijay Mallya loan default case. The beleaguered businessman has told Patiala House Court that he wants to return to India, but cannot come due to revocation of passport.
Mallya made the submission through his counsel before Chief Metropolitan Magistrate Sumit Dass in a connection with a FERA violation case.
The counsel representing the liquor baron also submitted the copy of an email sent by Mallya, in which he has said that his passport was suspended on April 23, 2016 without giving him any opportunity of being heard.
Mallya has continued to come under intense pressure by investigating authorities. He has been facing many legal charges, non-bailable warrants, and the Enforcement Directorate (ED) issuing attachment orders for his assets. As per reports, total attachment of his assets made by investigating agencies has shot up to Rs 8,044 crore.
Along with his associates, he is facing charges under money laundering case, cheque bounce case, non-payment of service tax, alleged loan default of Rs 6,027 crore, FERA violation case etc.
It makes sense for the much harried businessman to return to India and cooperate with the authorities in settling the charges against him.