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Vijay Mallya skips appearance before PMLA court; ED to initiate fresh attachment of assets

After liquor baron Vijay Mallya today failed to appear before a PMLA court in connection with a money laundering probe against him in an alleged bank loan fraud case, the Enforcement Directorate (ED) may initiate

India TV Business Desk, New Delhi [ Published on: July 29, 2016 22:29 IST ]
Vijay Mallya
Image Source : PTI Vijay Mallya

After liquor baron Vijay Mallya today failed to appear before a PMLA court in connection with a money laundering probe against him in an alleged bank loan fraud case, the Enforcement Directorate (ED) may initiate a fresh action of attachment of assets against him.

Last month, a proclamation order was issued against Mallya by the court, asking him to appear before it at 11 am today after saying he has "absconded" and was "concealing" himself to avoid arrest.

ED had also published in leading dailies the court-issued proclamation against Mallya for appearance before the special PMLA court.

Official sources said the agency will now proceed under relevant sections of the CrPC and further attach Mallya's assets even as the court is expected to declare him a proclaimed offender after he skipped the court's summons.

The proclamation order issued against him last month had said: "Whereas complaint has been made before me that above named accused Vijay Vithal Mallya residing at address: c/o Kingfisher AirlinesLtd, Mumbai 400018, has committed the offence of punishable under Section 4 of PMLA, 2002 and it has been returned to a warrant of arrest there upon issued that the said Vijay Vithal Mallya cannot be found and whereas it has been shown to my satisfaction that the said Vijay Vithal Mallya has absconded and is concealing himself to avoid the service of the said warrant.

"Proclamation is hereby made that the above named accused in the above case required to appear in the Special Court under PMLA, Greater Bombay in court Room No 16 to answer the said complaint on 29 July, 2016 at 11:00 AM," the order issued under the signature of Spl Judge P R Bhavake had read.

The proclamation was issued by a special anti-money laundering court here on 14 June under Section 82 of the Criminal Procedure Code (CrPC) at the request of ED which is probing his role in the Rs 900 crore IDBI-Kingfisher Airlines loan case.

ED had sought the proclamation notice to be issued against Mallya as it said he had "multiple" arrest warrants pending against him, including a non-bailable warrant (NBW) under the PMLA, and that the agency wants him to join the probe "in person".

A person can be termed a proclaimed offender in a criminal case probe if the court has reasons to believe that the accused against whom a warrant of arrest has been issued by it, has absconded or is concealing himself so that such warrant cannot be executed.

ED has already attached his properties worth about Rs 1,411 crore under PMLA in this case.

 

(With PTI inputs)

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