Delhi Court issues fresh order to attach Mallya's properties in PMLA case

A Delhi court has issued fresh directions to attach the properties of businessman Vijay Mallya, who was declared a proclaimed offender for evading summons in a money laundering case related to FERA violations. 

Chief Metropolitan Magistrate Deepak Sherawat issued the order yesterday after Enforcement Directorate counsel NK Matta told the court that the agency has not received any reply from the authorities responsible for the attachment.

The court took Mr Matta's submission on record and posted the matter for further hearing on July 5.

The court had on March 27 directed the attachment through the Police Commissioner, Bengaluru, and had sought a report by yesterday regarding the compliance of the order. The order was passed on an application moved by the ED seeking attachment of Mallya's



properties.

The court had on January 4 declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he failed to appear before it despite repeated summonses. It had on April 12 last year issued an open-ended non-bailable warrant against the liquor baron. 

Unlike a non-bailable warrant, an 'open-ended NBW' does not carry a time limit for execution.

The ED had issued summons to the businessman in connection with the alleged payment of 2 lakh US Dollars to a British firm for displaying Kingfisher logo during the Formula One World Championships in London and some European countries in 1996, 1997 and 1998. It had claimed that the money was allegedly paid without prior approval of the RBI in violation of Foreign Exchange Regulation Act (FERA) norms.