Rs 14,131.6 cr recovered from sale of Vijay Mallya’s assets: Sitharaman
The Finance Minister informed the Lok Sabha that the Enforcement Directorate (ED) has been successful in recovering assets from several high-profile economic offenders.
The Finance Minister informed the Lok Sabha that the Enforcement Directorate (ED) has been successful in recovering assets from several high-profile economic offenders.
Intolerance of economic crimes is not unique to India; Bernard Madoff the mastermind of the largest known Ponzi scheme, worth an estimated $18 billion, was sentenced by a US court to 150 years in prison, making people wonder if financial fraud was worse than violent crimes like rape and murder.
The engagement took place during a Halloween party, and Sidhartha shared the special moment with his followers on Instagram.
Mallya is currently in the United Kingdom and is being charged with a bank debt default case involving his defunct Kingfisher Airlines that involves over Rs 9,000 crore.
Out of which, assets worth Rs 15,113.91 crore have been restituted to the Public Sector Banks. In addition, assets worth Rs 335.06 crore have been confiscated by the government.
If polygraph tests were widely accepted as accurate and legal to decide who is speaking the truth, a strong case…
Mallya, he asserted, had no credibility as he was under the "glare of law" and was a criminal. He could not be taken seriously, Goyal said.
Gandhi’s attack has come a day after Mallya claimed that he met Jaitley before leaving India. Mallya is wanted in India for his alleged role in a multi-crore bank loan fraud case.
Congress president Rahul Gandhi said that PM Narendra Modi should launch an independent probe into the matter after Vijay Mallya said he met Arun Jaitley.
Mallya, who was wanted in India for his alleged role in a multi-crore bank loan fraud case, on Wednesday claimed that he met Jaitley before leaving India in 2016.
