Mumbai: A special Prevention of Money Laundering Act (PMLA) court on Wednesday at the behest of the Enforcement Directorate issued a non-bailable warrant (NBW) against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of over Rs 6,000 crore.
Special PMLA court judge MS Azmi on Wednesday issued the NBW against Mallya after taking cognisance of a fresh chargesheet filed against him by the ED.
In addition to issuing the NBW the court also issued summons to two companies linked to Mallya i.e. Kingfisher Airlines (KFA) and United Breweries Holdings Ltd (UBHL).
In its chargesheet the ED has named Mallya, KFA and UBHL and others as accused. The agency has alleged the accused were involved in money laundering.
The next step of the agency would be to seek permission from the court to confiscate assets worth more than Rs 9,000 crore belonging to Mallya and his firms under the recently promulgated Fugitive Economic Offenders Ordinance.
The fresh chargesheet revolves around the complaint received from the State Bank of India (SBI) on behalf of the consortium of banks.
