• Thursday, August 11, 2022

Business

Indian Court Orders Attachment of Fugitive Vijay Mallya’s Properties in Bengaluru

Vijay Mallya Photo: Jack Taylor/Getty Images).

By: Radhakrishna N S

A Delhi court ruled that the fugitive, liquor baron, Vijay Mallya’s properties in India’s southern city Bengaluru be attached, in a case pertaining to country’s Foreign Exchange Regulation Act (FERA) violations. Chief metropolitan magistrate Deepak Sherawat issued the latest order after Bengaluru police through Enforcement Directorate’s (ED’s) special prosecutor NK Matta and advocate Samvedna Verma sought more time to execute its previous order. The Bengaluru Police earlier had told the court that they have listed 159 properties belonging to Mallya, but have not been move forward to attach any of the properties listed. The court declared Mallya as a proclaimed…

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