The Enforcement Directorate on Friday moved the Prevention of Money Laundering Act court seeking to declare businessman Vijay Mallya as a ‘proclaimed offender’ in money laundering cases against him.
The agency said multiple warrants and a non-bailable warrant had been issued against Mr. Mallya and that he had not paid millions of dollars due to several firms. As per Section 82 of the Code of Criminal Procedure, Mr. Mallya should be termed a proclaimed offender, the Enforcement Directorate said.
Cases of cheque bouncing and loan default to the tune of Rs. 900 crore taken from IDBI Bank for Kingfisher Airlines have been registered against the liquor baron.
Special Judge P.R. Bhavake has reserved the order for June 13.
Did not appear in court
Earlier, the Enforcement Directorate told the court that though three summonses had been sent to Mr. Mallya to appear himself before the agency, he had repeatedly failed to do so.
The ED’s case is based on the FIR registered by the CBI against Mr. Mallya under relevant Sections pertaining to criminal conspiracy, criminal breach of trust by a public servant or a banker, merchant or agent, and criminal misconduct by a public servant.