"Former Prime Minister Manmohan Singh helped beleaguered businessman Vijay Mallya get huge loans to bail out Kingfisher Airlines," the Bharatiya Janata Party claimed on Monday.
"A bail-out package was given to Kingfisher Airlines on Manmohan Singh's insistence. Not only that, only on the former Prime Minister's insistence, the income tax department went soft on Mallya and his accounts were also unfrozen," BJP spokesperson Sambit Patra said in a press conference on Monday.
New Delhi : A Delhi court has issued a non-bailable warrant against businessman Vijay Mallya for evading summons in a Foreign Exchange Regulation Act (FERA) violation matter.
The court said that "he has scant regard for the law of the land and has no intention to return to India."
"Mallya's claim that he wants to return to India, but his passport has been revoked was mala Fide and abuse of process," the court said.
I love racing, I'm a petrolhead, and I'm passionate about it, that's why I bought this team in the first place, says Vijay Mallya, While attending the F1 race at Silverstone in Northamptonshire...
June 15: A special court on Tuesday has been charged with offences on Indian businessman Vijay Mallya
under the Prevention of Money Laundering Act (PMLA) and declared him as "proclaimed offender".
Over the last three months, Mallya has ignored three summons by the Enforcement Directorate (ED) and a non-bailable warrant (NBW). But as of now, he was ordered to appear in the court within next 30 days or all his properties around the world, even the things which is not included in the crime will be ceased by ED. The tag "proclaimed offender" would also make the process of extradition move faster.
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