Massive setback for ED, Interpol declines Red Corner Notice against Vijay Mallya

| Sunday, June 5, 2016 - 11:25
First Published |
Massive setback for ED, Interpol declines Red Corner notice against Vijay Mallya, Vijay Mallya, Enforcement Directorate ,

New Delhi: In a major setback to the Enforcement Directorate, the Interpol has rejected its request for a red corner notice request against the former liquor baron Vijay Mallya.
A Red Corner Notice (RCN) is issued to arrest and extradite offenders to the country where they are wanted.
The Enforcement Directorate had reportedly approached the Interpol on May 12 seeking a global wanted notice. However, the plea has been now rejected on grounds of insufficient evidences against the beleaguered businessman.
Sources claim Interpol has informed ED that it needs to hear from Vijay Mallya prior to any action on the notice, since this pertains to a case of financial irregularity.
The development comes after UK had earlier refused to deport Mallya citing the country's immigration laws. Incidentally, Interpol had also refused to issue a RCN against former IPL chief Lalit Modi citing lack of evidence last year.
The United Kingdom has stated Mallya's passport was legal when he entered UK hence, revoking of passport can not be the ground for deportation.
Mallya, who is facing arrest over allegations of defaulting bank loans of over Rs 9,400 crore, has been claiming that he is willing to return to India.

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