After multiple warrants and being declared a proclaimed offender liquor baron Vijay Mallya has been declared an “absconder” by the Prevention of Money Laundering Act (PMLA) court on Thursday.
On October 26, the Enforcement Directorate (ED) had moved an application before the special court seeking for him to be declared an absconder so that they can start attaching his properties as he did not appear before court after being declared a proclaimed offender.
Talking to The Hindu, the agency’s counsel Hiten Venegavkar said, “He has now been officially declared as an absconder and now all the properties belonging to him including all the shares and debentures he holds in companies are permitted to be attached.”
“After the court order copy is procured we can start attaching his properties even outside the country. This is a method to force him to come back to India,” said an esteemed source in ED.
