SC notice to Mallya on plea of consortium of banks

Vijay Mallya has not disclosed his full assets including $45 million received by him from a British firm, Attorney General Mukul Rohatgi today told the Supreme Court which issued notice to the liquor baron.

The Attorney General said that Mallya has not disclosed full details of his assets and he is accountable to the public money.

"This gentleman (Mallya) has not complied fully with the orders of the court and he has not disclosed all the details about his assets. He has also not disclosed the amount of USD 45 million received by him from Diageo (British liquor major)," Rohatgi told a bench of Justices Kurian Joseph and R F Nariman.

The apex court, after noting the submissions by Attorney General, issued notice to Mallya and asked him to respond within four weeks on the plea of consortium of banks led by State Bank of India seeking initiation of contempt proceedings against him.