Vijay Mallya Enforcement Directorate

Shiv Sena's Sanjay Raut, furious over the Enforcement Directorate's move to attach his properties in connection with the Rs 1,034 crore Patra Chawl land scam case, today mocked the agency, questioning if they considered him equal to fugitive tycoons

A State Bank of India (SBI)-led consortium that lent loans to Vijay Mallya received Rs 5,824.5 crore in its accounts after shares of UBL, earlier attached under the anti-money laundering law, were sold recently, the Enforcement Directorate said.

The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma

Banks in India received Rs 71.82 billion ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United Breweries Ltd, according to a statement by the Enforcement Directorate.

Assets worth Rs 9,371 crore belonging to fugitive businessmen Vijay Mallya, Nirav Modi, Mehul Choksi have been transferred by the Enforcement Directorate to state-run banks that will help them recover losses on account of the fraud.

Fugitive billionaire Vijay Mallya's assets in France worth 1.6 million euros have been seized by the Enforcement Directorate, the probe agency said in a statement today.

The Supreme Court on Tuesday adjourned the plea of liquor baron Vijay Mallya, seeking a stay on the proceedings initiated by the Enforcement Directorate (ED) to declare him a fugitive economic offender and confiscate his assets.

"I request the banks with folded hands to take 100 per cent of your principal back immediately," Vijay Mallya said.

Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya's petition against the confiscation of his properties by the Enforcement Directorate (ED).

The Supreme Court on Monday said that Vijay Mallya cannot use pendency of his plea in the top court to stall insolvency proceedings initiated against him in other jurisdictions.

A special court in Mumbai has permitted a consortium of 15 banks led by the State Bank of India (SBI) to utilise movable assets of former liquor baron Vijay Mallya towards repayment of his debt.

The CBI has contacted five countries for information on shell companies and bank accounts to identify the manner in which kickbacks were allegedly routed in the INX Media case over ten years ago, sources said. Former Union Minister P Chidambaram and his son, Karti, are among those accused in the alleged scam involving jailed media baron Indrani Muk...

The Enforcement Directorate has unearthed an alleged nexus of slush funds being transferred to fugitive liquor baron Vijay Mallya by his India-based "close associate" with the help of shell companies, official sources said on Monday, stating that the investigation in the multi-crore bank fraud case has widened.

Investigation agencies are confident that there will be no delay in getting fugitive businessman Nirav Modi extradited to India because they have provided UK authorities with all the documents required and plugged every loophole that can be exploited by the defence counsel. Sources told NDTV that their ongoing efforts to extradite another fugitive ...

Fugitive billionaire jeweller Nirav Modi, the main accused the Rs 13,000 crore Punjab National Bank or PNB scam, was arrested in London on Tuesday and sent to prison till March 29 by a court in London, which rejected his bail plea today. The arrest comes a week after London Westminster Court issued an arrest warrant against him in response to a req...

Shiv Sena's Sanjay Raut, furious over the Enforcement Directorate's move to attach his properties in connection with the Rs 1,034 crore Patra Chawl land scam case, today mocked the agency, questioning if they considered him equal to fugitive tycoons

A State Bank of India (SBI)-led consortium that lent loans to Vijay Mallya received Rs 5,824.5 crore in its accounts after shares of UBL, earlier attached under the anti-money laundering law, were sold recently, the Enforcement Directorate said.

The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma

Banks in India received Rs 71.82 billion ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United Breweries Ltd, according to a statement by the Enforcement Directorate.

Assets worth Rs 9,371 crore belonging to fugitive businessmen Vijay Mallya, Nirav Modi, Mehul Choksi have been transferred by the Enforcement Directorate to state-run banks that will help them recover losses on account of the fraud.

Fugitive billionaire Vijay Mallya's assets in France worth 1.6 million euros have been seized by the Enforcement Directorate, the probe agency said in a statement today.

The Supreme Court on Tuesday adjourned the plea of liquor baron Vijay Mallya, seeking a stay on the proceedings initiated by the Enforcement Directorate (ED) to declare him a fugitive economic offender and confiscate his assets.

"I request the banks with folded hands to take 100 per cent of your principal back immediately," Vijay Mallya said.

Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya's petition against the confiscation of his properties by the Enforcement Directorate (ED).

The Supreme Court on Monday said that Vijay Mallya cannot use pendency of his plea in the top court to stall insolvency proceedings initiated against him in other jurisdictions.

A special court in Mumbai has permitted a consortium of 15 banks led by the State Bank of India (SBI) to utilise movable assets of former liquor baron Vijay Mallya towards repayment of his debt.

The CBI has contacted five countries for information on shell companies and bank accounts to identify the manner in which kickbacks were allegedly routed in the INX Media case over ten years ago, sources said. Former Union Minister P Chidambaram and his son, Karti, are among those accused in the alleged scam involving jailed media baron Indrani Muk...

The Enforcement Directorate has unearthed an alleged nexus of slush funds being transferred to fugitive liquor baron Vijay Mallya by his India-based "close associate" with the help of shell companies, official sources said on Monday, stating that the investigation in the multi-crore bank fraud case has widened.

Investigation agencies are confident that there will be no delay in getting fugitive businessman Nirav Modi extradited to India because they have provided UK authorities with all the documents required and plugged every loophole that can be exploited by the defence counsel. Sources told NDTV that their ongoing efforts to extradite another fugitive ...

Fugitive billionaire jeweller Nirav Modi, the main accused the Rs 13,000 crore Punjab National Bank or PNB scam, was arrested in London on Tuesday and sent to prison till March 29 by a court in London, which rejected his bail plea today. The arrest comes a week after London Westminster Court issued an arrest warrant against him in response to a req...