Court declares Mallya a proclaimed offender on ED's request

New Delhi: Beleaguered liquor king, Vijay Mallya has been declared as a proclaimed offender under Section 82 of the Criminal Procedure Code (CrPC) by a special court for Prevention of Money Laundering Act (PMLA) on Friday.

Court pronounced its judgement after Mallya failed to appear before the court today.

How will this affect Mallya?

• Vijay Mallya’s domestic properties can now be seized by the probe agencies
• Probe agency may also seek for the attachment of his properties overseas

Court’s order came on ED’s request:

• Enforcement Directorate (ED) is investing an alleged money laundering case of Rs 950 crore against Vijay Mallya
• The money was raised by Kingfisher head honcho from IDBI bank for now-defunctional Kingfisher Airlines
• ED requested the court to announce him a proclaimed offender after he failed to appear before the court