Mumbai, April 19: In more trouble for liquor baron Vijay Mallya, an arrest warrant was Monday issued against him by a special court in connection with the money laundering probe in the over Rs 900-crore IDBI loan fraud case.
“Non-bailable warrant (NBW) is issued,” ordered special Prevention of Money Laundering Act court judge P R Bhavke on a plea by the Enforcement Directorate (ED).
The 60-year-old industrialist, who is in the UK, has skipped three summons issued by ED. He had also sought time till May to depose before the officials.
Separately, the court also rejected Kingfisher Airlines’ plea challenging ED’s claim that Rs 430 crore was siphoned off from the Rs 900 crore loan taken from IDBI Bank and used it to acquire properties abroad.
