<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">The Enforcement Directorate has filed a fresh charge sheet against liquor baron Vijay Mallya, and others for allegedly cheating a consortium of nationalized banks to the tune of over six thousand crore rupees.&nbsp;</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">The charge-sheet filed under the provisions of the Prevention of Money Laundering Act, is based on the complaint by the SBI on behalf of consortium of banks accusing Mallya of not repaying loans taken during 2005-10. The voluminous charge-sheet filed in a Mumbai's special court names Vijay Mallya, Kingfisher Airlines, United Breweries Holdings Limited and others.&nbsp;</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"></div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">Last year, the Enforcement Directorate had filed its first charge-sheet in the alleged 900-crore rupee IDBI Bank-Kingfisher Airlines loan fraud case. It has attached assets worth 9,890 crore rupees in this case till now.</div>''<div class="yj6qo" style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"></div>
News On AIR | June 19, 2018 7:15 AM
ED files fresh charge sheet against Vijay Mallya & others for allegedly cheating banks over Rs 6 thousand crore '