ED files first charge sheet against Vijay Mallya

Vijay Mallya (PHOTO: Facebook)


The Enforcement Directorate (ED) on Wednesday filed its first charge sheet against beleaguered businessman Vijay Mallya in the IDBI-KFA bank loan money laundering case.

The ED has been probing several cases against Mallya under various sections of the Prevention of Money Laundering Act.

Westminster Magistrates' Court on Tuesday heard Mallya's case and Chief Magistrate Emma Louise Arbuthnot granted bail to him until 4 December. The next hearing will be held on 6 July.

According to reports, Mallya on Tuesday denied all allegations against him and said he has enough evidence to prove his case in the court.

"I deny all allegations, I have enough evidence to prove my case in court. I have nothing to say. I have not eluded any court," Mallya said ahead of his hearing at the Westminster Magistrates' Court in London.

Indian agencies brought to the notice of the court about the 'Dual Criminality' of Mallya to prove that his action to defraud Indian banks not only attracts sections of Indian law but also various sections of the UK Fraud Act 2006.

The former liquor baron, whose now-defunct Kingfisher Airlines allegedly owes more than Rs.9,000 crore to various banks, had fled from India to UK on 2 March 2016.

(With inputs from agencies)