Business Standard

Mallya extradition case: CBI, ED officials enroute to UK


ANI New Delhi [India]
A joint team of Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) officials embarked for the United Kingdom on Monday owing to the ongoing legal case against fugitive businessman Vijay Mallya.
Earlier this month, a London court had issued an order to seize Mallya's assets in the UK.
The 62-year-old is currently facing a trial in a UK court in connection with his extradition to India. He is facing charges for financial irregularities to the tune of Rs 9,000 crore, as well as several money laundering cases.
On the other hand, Bangalore police through the ED on July 5 submitted a report before Delhi's Patiala House Court stating that they have identified 159 properties of the liquor baron and United Breweries.
The Bangalore police had also sought more time to identify additional properties.
On June 30, Mallya was summoned by a designated court under Fugitive Economic Offenders Act to appear before it on August 27. The notice was issued to Mallya and others in connection with ED's June 22 application for declaring him as a fugitive economic offender and to confiscate his properties.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 30 2018 | 6:25 PM IST

Explore News