ED files fresh chargesheet against Mallya, prepares for fugitive tag
June 18, 2018 19:51
The Enforcement Directorate today filed a fresh chargesheet against embattled liquor baron Vijay Mallya, two companies linked to him and others on charges of money laundering for allegedly cheating a consortium of nationalised banks to the tune of over Rs 6,000 crore, officials said today.
The agency has filed the charge sheet, also known as prosecution complaint, before a special court here under the provisions of the Prevention of Money Laundering Act (PMLA).
It has named Mallya, Kingfisher Airlines, United Breweries Holdings Limited and others in the voluminous charge sheet, they said.
The ED had last year filed its first charge sheet against Mallya, now in London, in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines (KFA) loan fraud case.
It has attached assets worth Rs 9,890 crore in this case till now.
The fresh charge sheet revolves around the complaint received from State Bank of India (SBI) on behalf of the consortium of banks for causing loss of Rs 6,027 crore to them by not keeping repayment commitments of the loans taken during 2005-10, they said.
The ED has based its investigation in this instance after taking cognisance of a CBI FIR. -- PTI
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