National News
Mallya’s properties to be attached
FERA violations case of 1995 cited by New Delhi court as the basis for the move
The Chief Metropolitan Magistrate (CMM) court at the Patiala House courts here on Tuesday ordered attachment of fugitive businessman Vijay Mallya’s properties in a FERA violation case of 1995.
CMM Deepak Shehrawat ordered the attachment of the properties through the Bengaluru Police Commissioner and asked the Bengaluru police to file a compliance report by May 8.
The court declared him a proclaimed offender in January.
The passport authority has already revoked his passport. Mallya has been staying in London as a Permanent Resident for nearly three decades.
The case is related to his non-appearance before the Enforcement Directorate despite four summons between 1999 and 2000 for investigation into charges of allegedly entering into an agreement with London-based Messrs Benetton Formula Limited in 1995 for advertisement of the Kingfisher brand on racing cars in the Formula-I World Championship in 1996, 1997 and 1998 without RBI’s prior permission.
As Mallya failed to appear in response to the summons, the ED had filed a complaint against him in the court of the Additional Chief Metropolitan Magistrate in the Patiala House in 2000.
The court had later summoned him and framed the charges against him in 2001.
