Vijay Mallya claimed fresh date for his appearance before ED: he was to appear on April 2

Vijay-Mallya

New Delhi: Today, on 2nd day of April, the Business tycoon- Vijay Mallya will not be appearing in person before the Enforcement Directorate- ED in Mumbai, as he seemed to have claimed time till May for his personal appearance before the probing agency.

Notably, the Enforcement Directorate is an investigating agency probing in his alleged involvement in the Money laundering Case, where around 900 and more crores of IDBI loan money is in question.

The information as to his not presenting before the agency has been obtained from the officials, where they said that the liquor baron- Vijay Mallya has informed the investigating officer in Enforcement Directorate’s Mumbai Zonal office that he will not be able to keep the scheduled date of 2nd April and also he claimed that a fresh date is to be given to him, which should something in the May, month of this year.

Moreover, it was also seen that the businessman- Mallya further informed that Investigating officer of ED that his Bank Loans’ cases are presently dealing with in the honourable Supreme Court, and as such he is trying to first settle those cases with the help of his legal and corporate team and, as such he would be required some more time.

Considering the “gravity” of the case, it cannot be “too keen” to accede to Mallya’s request, as it is learnt that the, Enforcement Directorate is thinking over the options for its next step.

As per sources the personal appearance of the business man is really very important for unravelling the “alleged irregularities” which were reported to have been done in the IDBI Loan fraud case. Also notably, the cases of Money laundering investigations are really very serious and also under the Money Laundering law the onus of proving innocence of the accused is on him and not on the investigating agency.

It was seen that Vijay Mallya in his another case pending before Supreme Court has recently on 30th March has made a proposal to the Supreme Court in the sealed cover, where it was reportedly, containing an offering of repayment of 4000 crores of rupees for settlement, to the consortium of banks led by the SBI.

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