ED presses for declaring Devas CEO a fugitive offender in case over failed 2005 deal with ISRO
The Enforcement Directorate has pressed a special court in Bengaluru’s for declaring the space startup Devas Multimedia’s founder and CEO, Ramachandran Viswanathan, as a fugitive economic offender on account of his failure to appear for trial.
An ED deputy director told a special court on Saturday that Viswanathan and a US branch of Devas had failed to appear before the court despite notices being issued to them last year. The official said the accused were “intentionally avoiding” appearance despite knowing fully about the case and proceedings, and wanted both declared as fugitive economic offenders.