ED files reply in HC on Mallya\'s plea against special court order declaring him fugitive economic offender

ED files reply in HC on Mallya's plea against special court order declaring him fugitive economic offender

ANI  |  General News 

The (ED) on Monday filed a reply in the on liquor baron Vijay Mallya's challenging the order of a special court which declared him a

The court had sought a reply from the ED after Mallaya moved an application in the challenging the PMLA (Prevention of Money Laundering Act) court order to declare him a under the Act (FEOA), 2018.

The on March 20 adjourned the hearing on the confiscation of Vijay Mallya's properties for April 8.

Mallya on Saturday quoted an interview of to assert that the government has already recovered more than what he allegedly owed to Indian banks.

"I humbly submit my assertion that I am a poster boy, who is fully vindicated by the PM's own statement about me (by name) that his Govt has recovered more than what I allegedly owe the Banks. Fact that I have been a UK resident since 1992 ignored. Suits the BJP to say I ran away," he tweeted.

Mallya faces a trial in the UK to extradite him to The 62-year-old is wanted in the country on charges of fraud and money laundering amounting to around Rs 9,000 crore.

In an interview to a news channel, had been quoted saying that "you must've seen in the case of He owed banks Rs 9,000 crore but the government has confiscated his properties worth Rs 14,000 crore from across the world. Now, he is in trouble because we are taking double the amount.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 01 2019. 17:33 IST