Money Laundering Case: Chargesheet against Vijay Mallya

     Written by : SMTV24x7 | Mon, Jun 18, 2018, 05:33 PM

Money Laundering Case: Chargesheet against Vijay Mallya

New Delhi, June 18: Here is the latest news that the Enforcement Directorate (ED) on Monday filed charge sheet against Vijay Mallya in money laundering case.

According to sources, the ED will seek approval from the court along with this charge sheet for immediate seize assets worth more than Rs 9,000 crores of Mallya and his companies under the Fraud Economic Criminal Ordinance.

The ED last year had filed its first charge sheet against Mallya, now in London, in the about Rs 9 billion IDBI bank-Kingfisher Airlines (KFA) alleged bank loan fraud case. The ED has so far seized assets worth Rs 9890 crore.

In April last year, Mallya was arrested by Scotland Yard on an extradition warrant but was subsequently released on bail against a bond worth 650,000 pounds.