ED Ask Interpol to issue red corner notice against Vijay Mallya
NEW DELHI: A day after the UK government made it clear that liquor baron Vijay Mallya cannot be deported to India, the Enforcement Directorate (ED) on Thursday requested Interpol to issue red corner notice against him.
UK refuses to deport Vijay Mallya, asks India to seek extradition
The ED is also mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by Mallya in connection with its money laundering probe against him and others in the IDBI bank loan fraud case.
The agency has already begun the exercise of identifying and valuing the country-wide immovable assets of the beleaguered businessman in order to place them under attachment under the criminal provisions of the Prevention of Money Laundering Act (PMLA).
ED to attach Vijay Mallya’s India assets worth Rs 9,000 croreMallya’s assets in the form of bungalows, costly vehicles, bank balances and others have already been assessed by agency sleuths probing the case.
ED has been wanting to make Mallya join investigations “in person” in the over 900 crore IDBI loan fraud case in which it registered a PMLA case early this year.
It has virtually exhausted all legal options to make Mallya join the probe including issuance of a non-bailable warrant against him from a Mumbai court based on which it made the requests for the revocation of his passport and subsequent deportation bid to bring back the beleaguered businessman from the UK.
