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Money-laundering case: ED expands probe, to add fresh charges against Mallya

In this photograph taken on December 16, 2013, industrialist
and MP Vijay Mallya arrives at Parliament in New Delhi.
 (AFP File Photo)

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• PTI, New Delhi
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• Updated: Aug 18, 2016 00:26 IST
• • The Enforcement Directorate (ED) has expanded the ambit of its money laundering probe against businessman Vijay Mallya and will now investigate the alleged default of loans to the tune of Rs 6,027 crore availed from a consortium of nationalised banks, a case taken over by CBI recently.
    Officials said the agency has already obtained details of the case from CBI and charges of cheating of the 17 banks are expected to be incorporated in the case registered under the Prevention of Money Laundering Act (PMLA) against the liquor baron.
    The agency is already working on attaching some fresh assets of Mallya and his associates, besides invoking the India-UK Mutual Legal Assistance Treaty (MLAT) to make the businessman join the investigation here and getting issued an Interpol arrest warrant against him. 
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