In a double whammy for beleaguered businessman Vijay Mallya, the Special PMLA (Prevention of Money Laundering Act) court yesterday not only rejected the claims made by his lawyers that he did not use Rs 423 crore of the loan amount to invest in properties abroad, as claimed by the Enforcement Directorate (ED), it also issued a non-bailable warrant against him.

The ED had moved the Special PMLA court on April 15 and filed an application seeking issuance of a non-bailable warrant against Mallya for failing to show up despite being summoned repeatedly. During the previous hearing, Mallya’s lawyers had submitted an application in the court stating that their client never misused the loan amount to buy international properties. However, the matter was adjourned till yesterday after the prosecution countered the claims made by the defence.