Special PMLA court issues non-bailable warrant against Vijay Mallya
Speed News Desk
| Updated on: 10 February 2017, 1:51 IST
A special Prevention of Money laundering Act Court issued a non-bailable warrant against Kingfisher Airlines owner Vijay Mallya on 18 April. The Enforcement Directorate had moved the special court in this regard on the grounds that the liquor baron had siphoned off Rs 430 crore to acquire property abroad.
The court also rejected the plea filed by Kingfisher Airlines challenging the ED's claims, hailing them as "false and incorrect".
The move comes after Mallya failed to appear before the ED on all three occasions that he was summoned, seeking fresh dates every single time. The liquor baron's passport was also suspended for a period of four weeks.
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