Suspected to have also Bribed Bank officials to secure Loans.
Finally Liquor baron Vijay Mallya has been declared a Proclaimed Offender in the alleged bank loan fraud case by accepting the Enforcement Directorate’s plea. The order was passed by a special PMLA court on Tuesday.
The ED had requested the special court to declare Mallya a proclaimed offender so that he can be deported from UK.
The ED has apprised the Court that since Mallya is living in UK legally, until and unless he is declared a proclaimed offender he cannot be deported.
In March Mallya had left the country and thereafter the Prevention of Money Laundering Act court had issued a non-bailable warrants for his arrest.
Other than this case there are several arrest warrants too pending against Mallya in cheque dishonour cases.
Legally a person can be declared a proclaimed offender in a criminal case when the court gives a finding that post issuance of warrant of arrest accused has absconded or is concealing himself to avoid arrest.
According to Section 82 of the CrPC, a written proclamation is published requiring accused to appear at a specified place and at a specified time within 30 days. Upon its non compliance action under Section 83 of the CrPC (attachment of property of person absconding) can also be taken.
ED had been issuing notices earlier to Mallya to join investigations in its PMLA probe in the Rs 900 crore alleged loan fraud of IDBI bank. Before today’s order ED had got an Interpol arrest warrant and also got his passport revoked.
Now it wish to use India-United Kingdom Mutual Legal Assistance Treaty (MLAT) to finally extradite him from Britain
ED suspects that Kingfisher Airlines had paid kickbacks to secure loans.
ED had also attached Mallya’s assets worth Rs 1,411 crore.
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