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All Stories for Fugitive Economic Offender
PNB loan scam: Proclamation order issued against Nirav Modi, 2 others; trio directed to appear before Mumbai court by 15 January
• 5 years agoModi and his uncle Mehul Choksi are the prime accused in the case, which is related to alleged fraudulent issuance of Letters of Undertaking that caused a loss of over $2 billion to PNB.
PNB scam: Bombay High Court asks ED on accused's role in fugitive economic offender proceedings
• 6 years agoThe Bombay High Court on Tuesday sought to know from the Enforcement Directorate (ED) if an accused has the right to participate in proceedings before a special court to determine if he/she is a fugitive economic offender
Vijay Mallya denied permission to appeal against extradition by UK court; fugitive liquor baron can now appeal to Supreme Court
Fp Staff • 6 years agoMallya has been based in the UK since March 2016 and remains on bail on an extradition warrant executed by Scotland Yard in April 2017
Vijay Mallya tries to obfuscate again: Attachment of assets worth Rs 14,000 crore doesn’t mean justice has been served
Muralidharan • 6 years agoVijay Mallya’s is an alleged heinous financial crime involving money laundering and gaming the banking system particularly loan sanctions to suit his ends.
'Damned if you do and damned if you don't is how I am treated,' says Vijay Mallya after sale of 74 lakh shares by debt recovery tribunal
Fp Staff • 6 years agoThe ED had attached these shares under the Prevention of Money Laundering Act (PMLA) to ensure that they were not "alienated" or sold by Mallya
SBI plea to liquidate Vijay Mallya's properties to recover dues opposed in Karnataka High Court
• 6 years agoVijay Mallya left the country in early March 2016 and is currently fighting off extradition proceedings in the London high court.
Jet Airways saga: Why promoter Naresh Goyal must not just step down but exit the airline he founded
Muralidharan • 6 years agoEtihad Airways has been insisting that Jet Airways' founder and Chairman Naresh Goyal must step down from the company's board and his stake should be slashed to 22% from 51% as a precondition for its heightened stakes.
PMLA court to announce verdict on Vijay Mallya case today; Will he be declared 'fugitive economic offender'?
Fp Staff • 6 years agoVijay Mallya has been on bail since his arrest on an extradition warrant in April last year.
Vijay Mallya’s rise and fall: The story of Vittal Mallya’s flamboyant entrepreneur son who became an extradition candidate
Dinesh Unnikrishnan123 • 6 years agoMallya could perhaps have avoided the ordeal had he chosen to stay back and fight the case. Even now, Mallya owes several months of salary dues to his employees, which has added to the public resentment against him.
Mumbai special court rejects Vijay Mallya's petition seeking stay on declaring him fugitive economic offender
• 6 years agoThe decision from the judicature came after five parties, including a family member of Vijay Mallya, sought court dossiers with regard to the ED seeking to get Mallya declared a fugitive economic offender under the new law.