Mallya's Money Laundering case

After long time Mallya came up and says ‘I am in forced exile’, having no plans to return to India

April 29, 2016 NG News Network

London: Currently facing major legal battle in Indian courts, the businessman- Vijay Mallya found stated that he is in a “forced exile” and has no plans to return to India, where, as per his opinion the things are flying at him “fast and furious.” Notably, it was seen earlier that the liquor baron- Mallya’s passport was revoked by the Indian authorities this month, on the ground that he was escaping the summons and thereby causing delay in the process of Enforcement Directorate which is investigating the instances of his alleged…

ED’s Probe in Mallya’s Money Laundering case: Enforcement Directorate claims Mallya’s passport revocation in IDBI loan case

April 14, 2016 NG News Network

New Delhi: On 13th April, the Enforcement Directorate- ED, finally, sought revocation of the passport of the liquor baron- Vijay Mallya in connection with the money laundering investigation in over Nine hundred crores of rupees IDBI loan fraud case. Earlier, Vijay Mallya was summoned trice but even after that he failed to appear before the Enforcement Directorate, as such present move is sought by it. It was seen, in the last week that the businessman- Vijay Mallya in response to its summon, informed the Mumbai located Investigation Officer in the…