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Vijay Mallya skips to appear before Enforcement Directorate yet again; seeks more time


Vijay Mallya skips to appear before Enforcement Directorate yet again; seeks more time

Zee Media Bureau

New Delhi: Vijay Mallya on Saturday sought more time from the Enforcement Directorate in connection with a Rs 900 crore money laundering probe.

He said that he would need time till till May before he appears before the investigating agency due to legal proceedings going on in the Supreme Court over PSU loans settlement. 

Mallya has already sought two extensions from the earlier summons that asked him to appear on March 18 and April 2.  

Under an extreme case, it may be possible that if the Liquor baron continues to skip dates, his passport may be revoked or issued non-bailable warrant against him.

Supreme Court on Thursday had directed Vijay Mally to disclose all his family's and his assets in India and abroad by April 21 and maintained that his presence in the country is necessary if he was serious about paying up his dues.

As per PTI, ED officials had earlier hinted that the April 9 summons could possibly be the last to Mallya as under the Prevention of Money Laundering Act (PMLA) such action can be undertaken for a maximum of three times only; and the Investigating Officer (IO) of the case had allowed his plea to postpone his appearance till now, both on technical and legal grounds.

Vijay Mally is reported to have left India on March 2 and is alleged to be residing the UK.

 

 

 

From Zee News

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