Liquor baron Mallya has left India, Centre informs Supreme Court

Author yuvamind

New Delhi :-Centre  government on Wednesday informed the Supreme Court that Liquor baron Vijay Mallya has left the India before a week, who is accused for allegedly defaulting loans of over Rs 9,000 crores from different banks.
“I spoke to the CBI little while ago and it told me that on March 2 ,2016 Mallya had left the India,” Attorney General Mukul Rohatgi told the Justices Kurian Joseph and R F Nariman. The bench issued notice to Mallya and sought his response within two weeks on pleas filed by a consortium of banks seeking direction for freezing his passport and his presence before the apex court. Since the court was informed that Mallya has already left the country, probably to UK, the bench allowed the petition of AG that the notice to him can be served through his official Rajya Sabha Email ID, Indian High Commission at London and also through counsel representing him before various high courts, Debt Recovery Tribunal and also through his Company. During the brief hearing, the AG said that amount of more than Rs 9,000 crore was due to various banks and on one or the other pretext Mallya avoided to settle them. There have been various proceedings going on against him in debt recovery tribunals in Bangalore and Goa, he said. Rohatgi said the banks were seeking an order that Mallya should appear in person before this court and also sought a direction for freezing his passport. The AG said the loans were granted keeping in mind that Kingfisher Airlines had a fleet of aircraft as well as brand value and loans were given also on the basis of the logo and the aircraft were attached to the third party.
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