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.
Statement on the passport of @TheVijayMallya pic.twitter.com/AdzDxeaOin — Vikas Swarup (@MEAIndia) April 15, 2016
Statement on the passport of @TheVijayMallya pic.twitter.com/AdzDxeaOin
— Vikas Swarup (@MEAIndia) April 15, 2016
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.
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.