Business tycoon Vijay Mallya declared fugitive economic offender by court; now govt can seize his assets

Business tycoon Vijay Mallya declared fugitive economic offender by court; now govt can seize his assets

Liquor tycoon Vijay Mallya, whose extradition from the UK to India to face charges of financial irregularities had been allowed by a British court, was Saturday declared a fugitive economic offender.

The verdict of a special court for prevention of money laundering act cases means Mallya’s properties can now be confiscated by the government.

Md Elias Ali

I am **Md Elias Ali**, the **Managing Editor & Co-Founder of Guwahati Times**, a leading digital news platform based in Guwahati, Assam. With over **five years of experience in the media and digital news industry**, I specialize in editorial leadership, digital journalism, content strategy, and newsroom management. Beyond journalism, I am a **technologist, social media strategist, graphic designer, educator, and author**. I am passionate about leveraging technology and creativity to drive digital innovation, build impactful media brands, and deliver credible, engaging content to audiences across Northeast India and beyond.