Home News Reports Switzerland government to provide Vijay Mallya’s swiss bank account details to India

Switzerland government to provide Vijay Mallya’s swiss bank account details to India

Federal Supreme Court of Switzerland has rejected Vijay Mallya's petition seeking to prevent Swiss govt from handing over the info to India

According to reports, the Swiss government will soon hand over the details of Vijay Mallya’s Swiss Bank accounts to the CBI. The Supreme Court of Switzerland has rejected a petition of the fugitive businessman requesting to stop the move by the Swiss government.

The Central Bureau of Investigation (CBI) had submitted a request with Swiss authorities to block funds in four bank accounts belonging to Vijay Mallya, and also to provide the detail of the accounts. The Public Prosecutor of Geneva had agreed to that request in August last year. After this, the Swiss legal team of Mallya had moved the apex court of Switzerland to block the transfer of information, alleging that there were serious flaws in the probe against Mallya that is being conducted in India.

The lawyers of Vijay Mallya had contended that the case against him was led by CBI Special Director Rakesh Asthana, who himself was accused of corruption. It is to be noted that the same argument was made by Mallya’s lawyers in the UK court too during the hearing of his extradition trial. In India too, Prashant Bhushan had made the allegations against Asthana, petitioning against his appointment as special director of CBI, and Supreme Court of India had rejected the petition three times. The UK court also had rejected Mallya’s petition and allowed for his extradition to India.

- Advertisement - - Article resumes -

Federal Supreme Court of Switzerland said that Vijay Mallya is not entitled to question the proceedings in India because he is not living in the country. Rejecting the petition, the court said “Natural persons who are not in the territory of the requesting state are not entitled to invoke defects in the foreign proceedings. Where the accused person resides in a third state and is the subject of a request for extradition by the requesting state, it is for the state of residence to consider the question of the regularity of the criminal proceedings.”

After this order by the Federal Supreme Court, which came in three judgements on December 12 and 13 last year, the Swiss authorities are free to provide the detail of the bank accounts of Vijay Mallya to India, and also to block the accounts as per India’s request.

According to reports, India has requested to block four bank accounts in Switzerland, one in the name of Vijay Mallya at Edmond de Rothschild (Switzerland) SA, a private bank, and three accounts with Compagnie Bancaire Helvétique (CBH) which are in the names of Drayton Resources, Black Forest Holdings and Harrison Finance, three companies belonging to Mallya.

Sharing is caring - Share This Post and Support:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

Here is what RVS Mani, bureaucrat of Congress era, has to say about Hemant Karkare and his involvement in ‘Saffron terror’ narrative

With reference to Hemant Karkare, RVS Mani makes some startling revelations in his book.

Cambridge University confirms that Rahul Gandhi did his M.Phil using the name Raul Vinci

Cambridge University confirms that Rahul Gandhi did his MPhil using the name Raul Vinci

Read details: Rahul Gandhi lands in a soup over his Amethi nomination, scrutiny postponed after questions raised on his British citizenship

After four objections filed against Rahul Gandhi's nomination from Amethi, scrutiny of his nomination postponed by 2 days

Convenor of Delhi Congress IT cell shares badly edited video accusing PM Modi of using an abusive word

Congress' Gaurav Pandhi has earlier also spread misinformation to attack the central government

With Rahul Gandhi contempt notice up for hearing, CJI says allegations to dissuade him for hearing important cases

CJI Gogoi also said, in response to the sexual harassment allegations, that this is a pressure tactic to dissuade him from hearing important cases that are up for hearing next week.

Air Vistara feels honoured to have decorated war vetaran Major Gen G D Bakshi onboard, ‘liberals’ decide to shame them

'Liberals' decide to switch loyalties to another airline after Air Vistara feels honoured to have Major Gen G D Bakshi onboard

Samajwadi Party friendly ‘journalist’ associated with The Wire caught spreading lies about Yogi Adityanath, deletes tweet after getting called out

Rohini Singh, who is notoriously known for her propaganda, along with her colleague Prashant Kanojia, has yet again posted fake news to target the UP Chief Minister Yogi Adityanath.

‘Liberals’ bully Air Vistara into deleting their tweet honouring decorated war veteran onboard

Bowing down to the pressure of the bullies masquerading as liberals, Air Vistara has deleted the picture. 

Chief Justice of India alleges ‘larger plot’ and pressure tactics after leftist websites break story of alleged sexual harassment

Today, the Chief Justice of India, Ranjan Gogoi was accused of sexual harassment by a former employee.

Latest articles

Connect with us

156,524FansLike
129,274FollowersFollow
54,113SubscribersSubscribe

Don't miss these

Sharing is caring - Share This Post and Support: