Vijay Mallya, who left the country last month, will not be presenting himself in front of the ED (Enforcement Directorate) investigators. He has asked for some more time till May. The agency had asked him to appear on April 9, before which he had asked for two extensions respectively on March 18 and April 2, where he gave officials reason for the extension.
Mallya has a debt of Rs. 9,000 crore to pay, but he left the country on March 2. This time he has given the citation of the ongoing proceedings that are taking place in the Supreme Court. While Mallya sought more time for appearing before the ED, he ordered his team to go forward and help the ED in the proceedings.
The agency had earlier asked him to appear in person in Mumbai on March 18, but he sought extension at that time, giving reasons that he some important commitments that he needs to get done. After which, the agency gave him another date, which was April 2.
According to the officials, in case an accused skips two meetings, the agency is left with two options. One of which is revoking his/her passport and the other one is getting issued a non-bailable warrant. The officials of the ED had given a slight hint that the summon of April 9 will probably be the last one for Vijay Mallya. He is expected to be there during all the proceedings to show his bonafides.
Supreme Court had also ordered Vijay Mallya to disclose all the assets that he and his family own by April 21. He has to repay an amount of Rs. 9,000 crore to several banks of the country, including State Bank of India. The Supreme Court also wants to know when Vijay Mallya will appear in front of the court. This is because the banks has rejected his proposal to pay Rs. 4,000 crore by the end of September. A money laundering case has been registered against him by the ED.
As of now, it is not clear as to what is going to be the next step of ED, they had made a request to the IO (Investigating Officer) last week also, but their request was turned down. They said, “The next action will be decided soon.”