AMN
A court in Hyderabad has issued non-bailable warrants against Vijay Mallya and A Raghunath, the chief financial officer of Kingfisher Airlines, in an alleged cheating case. The police have been ordered to produce Mr Mallya – who is currently in the UK — in court by April 13.
Infrastructure major GMR Group’s Hyderabad arm had filed a petition seeking that Vijay Mallya be prosecuted as he had defaulted on payments and cheated the company by issuing cheques that bounced.
The airport officials had filed 11 cases against Mr Mallya’s airline Kingfisher in for non-payment of dues to the tune of Rs. 8 crore. Cheques issued for Rs. 50 lakh had bounced and a case was filed against him.
Meanwhile Vijay Mallya has ruled out his return to India for now. In an e-mail interview to ‘The Sunday Guardian’ Mallya said that he wanted to return but was not sure of getting fair treatment. He said time is not right for him to return as he has already been branded as criminal.