Agencies are trying to get Mallya back, says Jaitley

Agencies are trying to get Mallya back, says Jaitley

IANSUpdated: Thursday, May 30, 2019, 08:32 AM IST
article-image

New Delhi:  Union Finance Minister Arun Jaitley said on Friday that relevant agencies are trying to get liquor baron Vijay Mallya back in India and the issue was discussed during his recent visit to London.  “Relevant agencies are trying to get him back through extradition or deportation.

Diplomatic channel is also being used,” Jaitley said in the Lok Sabha during Question Hour.  He was responding to Trinamool Congress member Saugata Roy’s query. Roy wanted to know about the steps being taken by the government against high profile economic offenders like Mallya and Lalit Modi, reports IANS.

“In the last two-and-a-half years, government has taken a series of steps. Under Prevention of Money Laundering Act, attachment orders against Mallya have been issued by ED (Enforcement Directorate). Assets worth Rs. 8,040 crore were attached,” Jaitley said.  “I had also an opportunity during my recent visit to discuss the issue with concerned authorities, including my counterpart,” he said.  Mallya owes Rs 9,200 crore to the banks. While Rs 8,040 crore worth of his properties have been attached, he also has income tax dues of about Rs 2,000 crore.  Jaitley  said that there are provisions in place like issuing Red Corner notice and seizing passport to ensure that the offenders do not flee, but some find their way out.

RECENT STORIES

Adani Logistics Leases 66,250 Sq Ft Facility In Panvel To DMart Operator Avenue Supermarts For 28...

Adani Logistics Leases 66,250 Sq Ft Facility In Panvel To DMart Operator Avenue Supermarts For 28...

India Equities Outlook 2026: Autos, Banks Likely To Outperform As Markets Remain Resilient

India Equities Outlook 2026: Autos, Banks Likely To Outperform As Markets Remain Resilient

Adani Enterprises Launches Third ₹1,000 Crore NCD Issue, Offers Upto 8.90 Per Cent Annual Returns

Adani Enterprises Launches Third ₹1,000 Crore NCD Issue, Offers Upto 8.90 Per Cent Annual Returns

Handled 4,200+ Cases In A Year, 1,810 Time-Sensitive: Blinkit Ambulance Service Marks One Year

Handled 4,200+ Cases In A Year, 1,810 Time-Sensitive: Blinkit Ambulance Service Marks One Year

Govt Announces ₹7,295 Crore Export Support Package To Boost Exporters’ Access To Credit

Govt Announces ₹7,295 Crore Export Support Package To Boost Exporters’ Access To Credit