News Karnataka
Tuesday, April 23 2024
Cricket
India

Mallya approaches SC to get rid of ‘fugitive’ tag against his name

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New Delhi: Businessman Vijay Mallya has approached the Supreme Court of India to get rid of the “fugitive” tag against his name by the Enforcement Directorate (ED). Mallya faces charges of defrauding banks to the tune of Rs 9,000 Crore. He left India on March 2, 2016, and is currently in London.

Ahead of next week, when a judge at Westminster Magistrate’s Court is due to deliver her verdict on India’s attempt to extradite Mallya from the UK, the businessman has made several attempts to persuade Indian authorities to accept his settlement before the Karnataka High Court.

Mallya also approached the Prevention of Money Laundering Act (PMLA) Court in September this year and told it that “he was not a fugitive economic offender” (FEO) under the Act and not involved in money laundering.

The ED sought orders from the PMLA court this June, to seize all his properties estimated at around Rs 12,500 Crore and declare him a fugitive economic offender, to which the court took cognizance.

The Supreme Court might hear Vijay Mallya’s case on Friday.

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