Mallya faces arrest in India

"Cheque bounce is a criminal offense"

By GMM

13 October 2012 - 07:06
Mallya faces arrest in India

Two weeks before he is due to sit on the pitwall in his native India, Force India chief Vijay Mallya is facing arrest.

A non-bailable arrest warrant was issued by a Hyderabad court on Friday, relating to cheques issued by his struggling airline Kingfisher that bounced.

The warrant was issued because billionaire Mallya failed to appear for a court hearing.

"The warrant doesn’t mean Mallya is going to be arrested immediately," a supreme court lawyer is quoted by Bloomberg.

"Cheque bounce is a criminal offense, but it isn’t something that’s out of the ordinary."

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