The MEA suspended Vijay Mallya’s diplomatic passport on April 15. It is the same passport the Kingfisher baron used to flee India and hide in the UK
The government acted on the advice of the Enforcement Directorate (ED). The ED wanted the government to revoke Mallya’s passport after the loans defaulter failed to appear before the agency three times.
Mallya is facing an ED probe into money laundering in the more than Rs.900 crore IDBI loan fraud case. That is different from the loan default of around Rs.7,000 crores he made against various banks.
Mallya held a diplomatic passport owing to his being a Rajya Sabha member. A diplomatic passport is issued to Indian diplomats, those holding constitutional posts and diplomatic couriers only. It has a maroon cover and is different from an ordinary passport.
Now that passport has been revoked, authorities in UK will be forcing Mallya to return to India, paving the way for ED to arrest him if they get the non-bailable warrant they seek against him.
The high-flying businessman had left everyone in India in a shock when he escaped out of the country before the banks could move in on him regarding the huge loan defaults. Mallya’s name has recently come up in the Panama Papers revelation
in which he has been linked to Venture New Holding Ltd in the British Virgin Islands (BVI) operational since February 15, 2006.