Vijay Mallya First Tycoon to be named Fugitive Economic Offender
January 5th, 2019
Vijay Mallya became the first tycoon to be charged under a new anti-fraud law, with a court in Mumbai naming him as an offender under the Fugitive Economic Offenders Act, 2018. The anti-corruption court was hearing an application by the Enforcement Directorate, seeking a direction to declare Mr. Mallya a fugitive economic offender.