• search
For Quick Alerts
For Daily Alerts

    To strike off ‘fugitive’ tag, Mallya moves SC


    New Delhi, Dec 7: Vijay Mallya has moved the Supreme Court seeking to remove the 'fugitive' tag against his name by the Enforcement Directorate. The case is expected to be heard today.

    File photo of Vijay Mallya

    The plea comes a day after he made repeated offers to persuade Indian authorities to accept his settlement before the Karnataka High Court. The Westminster Magistrate's court is due to deliver its verdict on a plea by India seeking to extradite Mallya from the United Kingdom.

    Also Read | 'Please take the money, stop the narrative that I stole': Vijay Mallya

    He urged the banks to accept his offer and said that the huge loans that he had taken from them went into keeping the now-defunct Kingfisher Airlines afloat despite high jet fuel prices. Mallya also claimed that his vast liquor empire, the United Breweries, contributed "handsomely" to state exchequers.

    In September, Mallya had told the Prevention Money Launder Act (PMLA) court that he was not a fugitive economic offender. He also said that he was not involved in the scheduled offence of money laundering.

    In June the Enforcement Directorate had filed an application before the PMLA court to declare him a fugitive economic offender and also sought to confiscate all his properties estimated to be around Rs 12,500 crore. The court took congnisance of the plea filed by the ED.

    For Daily Alerts

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    Notification Settings X
    Time Settings
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more