To Declare Vijay Mallya Offender, Anti-Money Laundering Court Approached
The application Directorate, investigates financial crimes Which, moved to special anti-money laundering court in Mumbai to business tycoon Vijay Mallya declare an offender over a billion dollars in outstanding loans through ITS companies.
The agency Said That This Must Be the flamboyant businessman has ignored a series of orders to return to India to face investigation and Its creditors.
The ED Present Said I is in Contact with Interpol to release a notice of corner network, similar to an international arrest warrant Against 60 Mr. Mallya, Who is Believed to be living in the UK.
New Delhi, Who Had Canceled the passport of Mr. Mallya in April, Had His expulsion formally Requested in London, Which is faster than the extradition process under a treaty Between two Governments. But Britain has Said That India can not expel Baron ITS spirit under laws, but can help to His extradition.
"We work on the due process of the law to bring Mallya to India," Minister of State for Finance Jayant Sinha Said this week.
Mr Mallya Also under investigation is for money laundering. I flew to London on March 2 That the banks tried to recover Rs 9,000 crore acerca loan to Kingfisher Airlines her collapse.
Post a Comment