Supreme Court on Monday sentenced fugitive businessman Vijay Mallya to a four-month prison term and imposed a fine of Rs 2,000 after he was found guilty of contempt of court back in 2017, where he withheld information about transferring $40 million to his children’s accounts in clear violation of the court’s orders.
Pronouncing the sentence, the top court said that Mallya did not show any remorse for his conduct and did not appear before it during the sentence hearing. It added that adequate sentence must be imposed on him to “uphold the majesty of law” and that directions need to be issued to ensure that the amount in dispute in available for execution of the orders.
Mallya has been in the UK since March 2016. He is on bail on an extradition warrant executed by the Scotland Yard on April 18, 2017.
