Attach mallya’s properties to pmla case: delhi court
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On 9 July, the court had cancelled the exemption from personal appearance granted to Mallya on an application of the ED and directed him to appear before it on 9 September. The exemption was
granted to Mallya in December 2000. The anti-money laundering agency had issued summons to the businessman in connection with alleged payment of $200,000 to a British firm for displaying
Kingfisher logo during the Formula One World Championships in London and some European countries in 1996, 1997 and 1998. It had claimed that the money was allegedly paid without prior
approval of the RBI in violation of Foreign Exchange Regulation Act (FERA) norms.