ED to file first charge sheet against Mallya and others

ED to file first charge sheet against Mallya and others

NEW DELHI: The Enforcement Directorate (ED) is set to file its first charge sheet against Vijay Mallya and others in the IDBI bank loan default case.

Officials said the agency has been preparing the charge sheet for quite sometime now and it will be filed in a court in Mumbai in the next few days.

The charge sheet, which is expected to be voluminous, will include statements from numerous executives and investigation of assets and transactions of the accused from both the Kingfisher Airlines (KFA) and the IDBI bank.

The agency is probing this alleged loan fraud case under the Prevention of Money Laundering Act (PMLA).A similar dossier has been filed by the CBI in a court in Mumbai in January.