Enforcement Directorate is expected to initiate a fresh action of attachment of assets against liquor baron Vijay Mallya who failed to appear before the PMLA court in Mumbai today.<br/><br/>Last month, the court had issued a proclamation asking Mallya to appear before it by today stating that he has "absconded" and was "concealing" himself to avoid arrest. The proclamation was issued by a special anti-money laundering court under Section 82 of the Criminal Procedure Code at the request of ED which is probing his role in the Rs 900 crore IDBI-Kingfisher Airlines loan case. The Enforcement Directorate had also published the court-issued proclamation in leading dailies against Mallya for appearance before the special PMLA court.<br/><br/>Official sources said the agency will now proceed under relevant sections of the CrPC and further attach Mallya's assets even as the court is expected to declare him a proclaimed offender after he skipped the court's summons. ED has already attached his properties worth about Rs 1,411 crore under PMLA in this case.
News On AIR | July 29, 2016 9:19 PM
Vijay Mallya fails to appear before PMLA court; ED to initiate fresh attachment of assets