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ED seeks Interpol red corner notice against Vijay Mallya

by IBNS 12 May 2016, 08:07 am

New Delhi, May 12 (IBNS) Having failed repeatedly to bring Vijay Mallya to India to face charges, the Enforcement Directorate has asked Interpol to issue a red corner notice, which is similar to an international warrant, reports said.

The move comes after Britain told India that it can't deport the liquor baron under its laws but can help with his extradition.


Vijay Mallya, whose passport was cancelled last month, is wanted in India for over a billion dollars in unpaid loans.

 New Delhi had formally requested London that he be deported, which is faster than the process of extradition under a treaty between two governments.

 Mallya, whose resignation as a member of the Rajya Sabha has recently been accepted, is also being investigated for money-laundering. 

He flew to London on March 2 as banks attempted to recover around 9,000 crores loaned to the now defunct Kingfisher Airlines of which he was the Chairman.

The Enforcement Directorate is looking at whether  Mallya used part of a loan to purchase properties abroad, an allegation he has denied. A Mumbai court has issued an arrest warrant for him linked to this charge.