ED Seeks Revocation of Vijay Mallya’s Passport

The Enforcement Directorate has sought the revocation of businessman Vijay Mallya’s passport in connection with its money laundering probe in the IDBI loan fraud case. The Enforcement Directorate (ED) has written to the passport authority, which functions under the ministry of external affairs, seeking to revoke the passport of Vijay Mallya on grounds of non-cooperation. Vijay Mallya has failed to appear before the ED despite being summoned thrice by the agency. Mallya had last week informed the investigating officer (IO) of the case in Mumbai that he will be unable to depose personally citing the ongoing legal proceedings going on in the Supreme Court over settlement of loans. He, however, had suggested his legal team could help the ED in taking the probe forward. The agency had issued fresh summons last week to Mallya asking him to appear on April 9 after he sought two extensions from the earlier dates of March 18 and April 2. Mallya, who is facing legal proceedings for alleged default of loans worth over Rs 9,000 crore from various banks, was also directed by the apex court to disclose all assets owned by him and his family in India and abroad by April 21.

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