The Enforcement Directorate (ED) has moved a special court urging it to declare liquor baron Vijay Mallya a proclaimed offender. Once the court declares Mallya a proclaimed offender, the ED can attach his properties across the country. The ED has registered a case against Mallya under the Prevention of Money Laundering Act in the Rs 900-crore IDBI Bank loan default case. It has also collected details of properties worth around Rs 1,200 crore he owns abroad. The ED said it is only concerned with the IDBI case and will explore the option of attaching properties worth Rs 900 crore.

Source: Times of India June 14, 2016 11:37 UTC