Vijay Mallya declared ‘fugitive economic offender’ by Mumbai Court
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Vijay Mallya declared ‘fugitive economic offender’ by Mumbai Court

Jan 05, 2019 17:16 IST
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Vijay Mallya was declared ‘fugitive economic offender’ by Mumbai court on Saturday. This means that the government can now seize Mallya’s properties. This is Mallya’s second setback in the last one month. In December, a UK court had allowed his extradition to India to face trial for fraud and money laundering.The special PMLA court and the Bombay High Court had dismissed Mallya’s pleas that “he was not a fugitive economic offender” and not involved in the scheduled offence of money laundering. (Hindustan Times)