Bangalore: The State Bank of India (SBI) Friday moved the Karnataka High Court seeking the arrest of industrialist Vijay Mallya and the impounding of his passport in the multi-crore loan default case of defunct Kingfisher Airlines.
“We have filed a writ petition before the single bench of Justice AS Bopanna for the arrest of Mallya and impounding of his passport on the basis of a statement he made recently that he would move to Britain to be with his family,” a lawyer for the bank, speaking on the condition of anonymity, said here.
As a lead bank of the consortium of 17 state-run and private banks, to which Kingfisher, headed by Mallya, owes a total of `7,800 crore, SBI moved the high court after the debt recovery tribunal here reserved its order on its four interlocutory applications that were filed Wednesday.
“We have approached the high court as the tribunal had not yet acted upon our applications, which included disclosure of Mallya’s assets in India and abroad and our claim on the $75-million (Rs 516 crore) severance package British liquor major Diageo plc and its Indian arm United Spirits Ltd (USL) signed with him February 25 here,” the counsel said. IANS
