NEW DELHI: After considering the arguments between the lawyers representing liquor baron Vijay Mallya and the Enforcement Directorate (ED), in connection with a 2001 case related to the alleged violation of foreign exchange rules, a Delhi Court has on Saturday ordered Mallya to appear before it on September 9.
The Enforcement Directorate has approached the court to cancel the special provision provided to Vijay Mallya, exempting him from personal appearance in 2001. The ED argued that the accused’s presence before the court is necessary for the case to move forward, as the investigations have reached the final stage.
Agreeing with the arguments of the ED, Metropolitan Magistrate Sumit Dass had accordingly issued orders for the same. “Understanding the status of the case and with due reference to the already pending cases against the accused, the court agrees with the arguments put-forth by the Enforcement Directorate. The court hereby, cancels all the special provisions provided to Vijay Mallya in this case”, the Judge commented.
According to ED, Mallya had allegedly paid $200,000 to a British firm for displaying the Kingfisher logo in the Formula One World Championships in London and some European countries in 1996, 1997 and 1998. The agency had claimed that the money was allegedly paid without prior approval from the Reserve Bank of India, in violation of FERA norms.
Also, there are other cases pending against the Kingfisher Airlines CEO relating to the defaulting of loans amounting to Rs 9,000 crores from various banks in India. Mallya, who had been living in UK since March 2016, has never appeared before the court of law in cases relating to money laundering. However, with the latest developments he will now be forced to return back home and chances are that he may also be tried in courts for the pending cases against him.