Rajya Sabha panel takes cognizance of Mallya’s case

New Delhi, March 14 (IANS) The Ethics Committee of the Rajya Sabha on Monday took cognizance of the issue of Vijay Mallya, an Independent member of the upper house and business tycoon accused of defaulting on bank loans totalling Rs.9,000 crore.

Without spelling out the course of action, committee chairman Karan Singh told reporters that more meetings of the panel will be held to discuss the issue.

“The ethics committee meeting was fixed over some other issues. This morning, we got a file from Rajya Sabha Chairman (M. Hamid Ansari). There were two other issues, but we looked into this issue as well. We have taken cognizance,” he said.

The Congress leader said more meetings of the committee will be held before a decision on the matter, but refused to speak on the likely course of action.

“We will proceed as per the rules,” he said.

Mallya, elected to the upper house from Karnataka, is set to retire on June 30.

A consortium of 17 banks led by the State Bank of India had sought the Supreme Court’s intervention to restrain the business tycoon from leaving the country, his arrest and impounding of his passport.

The court was, however, informed that Mallya had left India on March 2.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here