Enforcement Directorate Is In London To Submit The  Vijay Mallya’s Charge-Sheet

Express News Global

updated: July 19,2017 16:30 IST

Fugitive businessman Vijay Mallya (File | EPS)
Fugitive businessman Vijay Mallya (File | EPS)

NEW DELHI: A group of Enforcement Directorate is in London to present the charge-sheet against alcohol nobleman Vijay Mallya in a stage to look for his removal, an authority said on Wednesday.

The ED move is a piece of its continuous test against Mallya for defaulting on finished Rs 8,000 crore bank advances.

The two-part ED group, including a legitimate counselor, left for London on Monday for a two-day visit and was relied upon to return by Thursday, the ED official said.

The authority said the ED group has achieved London to present a 5,500-page charge-sheet and a few reports against Vijay Mallya before the Crown Prosecution Office, which is battling the instance of Mallya’s removal.

He included that the lawful consultant going with a Joint Director-level ED authority will help the organization to strategise legitimate strides to manage the British judges in London.

The ED authorities said the charge-sheet has points of interest on the cash trail, how Mallya redirected reserves from Rs 900 crore credit gotten from IDBI Bank to aggregate elements in India and a few different nations by means of various shell organizations.

The ED group is joined by the authorities of Central Bureau of Investigation (CBI) which is additionally testing the IDBI advance default case.

Mallya fled to Britain in March 2016 in the wake of being sought after for recuperation of Rs 8,191 crore owed to a consortium of 17 Indian banks by his now outdated Kingfisher Airlines. He was captured and allowed safeguard in London on April 18 by the Scotland Yard on a removal warrant.

The Indian government had in February this year, given over to British specialists a formal demand for Mallya’s removal, saying it had a genuine body of evidence against him on charges of budgetary abnormalities and advance default.

In the interim, the ED official said the organization will be keeping in touch with six nations to get data on money related dealings of Mallya to test the charged illicit laundering of over Rs 1,300 crore he had made through 13 shell organizations in the US, Ireland, Mauritius and France.