What led to the revocation of Vijay Mallya’s passport
The foreign ministry revoked liquor baron Vijay Mallya’s passport on Sunday as the government stepped up efforts to bring him from Britain to face investigation in India, where he is wanted for alleged bank loan default and money laundering.india Updated: Apr 25, 2016 12:04 IST
The foreign ministry revoked liquor baron Vijay Mallya’s passport on Sunday as the government stepped up efforts to bring him from Britain to face investigation in India, where he is wanted for alleged bank loan default and money laundering.
The ministry was not satisfied with the 60-year-old Rajya Sabha MP’s response to a show cause notice that asked why his diplomatic passport should not be revoked or impounded. The government had earlier suspended his travel document.
Here are the series of events that led to the revocation of Mallya’s passport:
MARCH 2 Mallya, 60, leaves India for UK amid mounting pressure from an SBI-led bank consortium for the defunct airline’s default on Rs 9, 400 crore loans. The same day, the consortium also moves the Debt Recovery Tribunal (DRT)
MARCH 7 ED’s Mumbai office registers a money-laundering case against Mallya, Kingfisher Airlines and its former CFO, A Raghunathan, on the basis of a CBI case registered on July 2015 against them for defaulting on a `900 crore loan from IDBI Bank
MARCH 8 The bank consortium approaches Supreme Court to get Mallya’s passport impounded
MARCH 9 Attorney general Mukul Rohatgi informs the apex court that according to the CBI, Mallya had left the country on March 2
MARCH 18 - APRIL 9 Mallya does not appear for questioning by ED in the money-laundering case on three dates — March 18, April 2 and April 9 — when summoned by the agency
APRIL 13 Accusing Mallya of non-compliance with its directives questioning him in the IDBI case, ED requests ministry of external affairs (MEA) to revoke his passport
APRIL 15 MEA suspends Mallya’s passport and asks him to reply within a week as to why his passport should not be revoked. The same day, ED also moves a Mumbai court seeking the issuance of a non-bailable warrant against Mallya for his non-cooperation with its probe
APRIL 18 The Mumbai court issues an open non-dated, non-bailable warrant against Mallya
April 21 ED says it requested MEA to begin deportation proceedings on grounds that Mallya had a non-bailable warrant pending against him and his passport was suspended Mallya’s lawyers tells SC on same day that the consortium had no right to seek details on his overseas assets as they were not considered while granting loans to Kingfisher Mallya also contends that as an NRI, he is not obliged to disclose his overseas assets
APRIL 24 MEA says it has revoked Mallya’s passport after taking legal opinion on his reply to the show cause issued earlier. The ministry’s action will strengthen India’s efforts to get Mallya deported. But he can challenge revocation in Delhi HC.