- Friday, April 26, 2024
By: Radhakrishna N S
India’s Bombay high court on Thursday (22) rejected an appeal filed by business tycoon Vijay Mallya seeking a stay on the petition filed by country’s law enforcement and economic intelligence agency, Enforcement Directorate (ED) before a trial court to start legal proceedings against Mallya under Fugitive Economic Offenders Act. According to a report by news agency ANI, ED wants Mallya to be declared as a fugitive economic offender and assets to be confiscated under the law in connection with Rs 90 billion alleged bank fraud case. The probe agency also sought the court ruling to confiscate all his assets whose value…
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