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Vijay Mallya won't be expelled, Rajya Sabha chairman accepts his resignation

Publication: IndiaToday.in
Date: April 28, 2016
URL:      https://www.indiatoday.in/amp/india/story/vijay-mallya-wont-be-expelled-rajya-sabha-chairman-accepts-his-resignation-321663-2016-04-28?__twitter_impression=true

Rajya Sabha Chairman Hamid Ansari has accepted Vijay Mallya's resignation with effect from May 4, 2016.

The Rajya Sabha ethics panel had earlier in the day recommended the expulsion of Vijay Mallya "with immediate effect" from the house.

"Having considered the whole matter, including Mallya's (resignation) letter, the Committee of Ethics unanimously decided at its meeting on May 3, 2016, to recommend to the house that Vijay Mallya be expelled with immediate effect," the panel said in its recommendation to the Upper House.

The report was tabled in the house on Wednesday by panel chairman Karan Singh.

Mallya is accused of defaulting on more than Rs.9,000 crore in loans he had taken from a consortium of banks. He left India on March 2 and is believed to be in the United Kingdom. His passport has been revoked after he failed to appear for three consecutive summons by the Enforcement Directorate.
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