Thursday, September 8, 2016

Non-bailable warrant issued against Vijay Mallya in service tax evasion case

Latest: Corruption and Money Laundering.

Non-bailable warrant issued against Vijay Mallya in service tax evasion case.


File photo. A money laundering court had issued
 a non-bailable warrant against Vijay Mallya
 in April this year and subsequently labelled him
as a proclaimed offender in July on allegations
 of money laundering. Photo: Bloomberg
The case against Vijay Mallya and Kingfisher Airlines’ chief executive Sanjay Agarwal is regarding service tax evasion to the tune of Rs.1,000 crore.

Mumbai: The chief metropolitan magistrate court of Mumbai on Saturday issued a non-bailable arrest warrant against promoter of the now-defunct airline Kingfisher Airlines Ltd, Vijay Mallya, and its chief executive Sanjay Agarwal in a case filed by the service tax department.
The case was regarding service tax evasion to the tune ofRs.1,000 crore.
This would be the second warrant against Mallya. A money laundering court had issued a non-bailable warrant against Mallya in April this year and subsequently labelled him as a proclaimed offender in July on allegations of money laundering.
The magistrate court in an order passed on 18 July had directed that Mallya and Agarwal were required to be present for the court hearings in the service tax department case. However, Mallya’s counsel had filed an exemption plea.

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