Monday, June 14, 2021
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Mallya playing tantrums

Vijay Mallya is a seasoned serial cheater and not it has come in open once again. After leaving the country to London after incurring huge losses in the name of Kingfisher and keeping huge liabilities with different back, now Mallya is playing hide and seek game with Enforcement Directorate (ED) officials.  After an early promise of coming back late in April, the liquid baron is snubbing ED for the third time and not seeking time till May for his return home. He has already skipped three summons issued on him under the Prevention of Money Laundering Act (PMLA) and trying to buy more time. Mallya is in total fix and cannot avoid arrest if he continues to dodge the ED under some pretext. He is trapped from all corners and his latest move signalled that pressure from banks and the money laundering probe against him may be working to break the stalemate and he will come back sooner or later. Mallya’s tantrums is coming to an end and further extensions for appearing before ED may not be granted and his arrest is imminent.

 

Nickil Krishnan

(The views expressed by the author in the article are his/her own.)

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