Mallya gets 4-month jail term for contempt
He never showed any remorse nor tendered any apology for his conduct: SC
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New Delhi: The Supreme Court Monday sentenced fugitive businessman Vijay Mallya to four months in jail for committing contempt of court, saying he never showed any remorse nor tendered any apology for his conduct and adequate punishment must be imposed to maintain the majesty of the law.
The apex court directed the Ministry of Home Affairs (MHA) to secure the presence of Mallya, who is in the United Kingdom since March 2016, to undergo the sentence. A bench headed by Justice U U Lalit also imposed a fine of Rs 2,000 on Mallya, who was held guilty of committing contempt of court by the top court on May 9, 2017, for transferring $40 million to his children in violation of court orders.
The bench, also comprising Justices S R Bhat and P S Narasimha, directed that Mallya and the beneficiaries under the said transactions relating to $40 million shall be bound to deposit the amount received along with interest at the rate of eight per cent per annum with the concerned recovery officer within four weeks.
