Proactive measures by the Enforcement Directorate have helped the SBI-led consortium of banks recover Rs 1,008 crore worth of NPA through the sale of United Breweries Ltd shares that were held by Vijay Mallya. ED's investigation in the Vijay Mallya/Kingfisher Airlines case has revealed that substantial assets in the form of United Breweries Limited's shares were lying with Yes Bank. …
New Delhi, June 22 : The Enforcement Directorate on Friday filed an application before a special Mumbai court for declaring liquor baron Vijay Mallya as a fugitive economic offender. Two separate Enforcement Case Information Reports were registered by ED under Prevention of Money Laundering Act, 2002 for an investigation into the offense of Money Laundering, against Mallya, Kingfisher Airlines, United …
