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Vijay Mallya arrested, gets bail in ED money laundering case

| @indiablooms | Oct 04, 2017, at 05:17 am
#Vijay MallyaArrested #MallyaGrantedBail #EnforcementDirectorateCase
London, Oct 3 (IBNS): Business tycoon Vijay Mallya was on Tuesday arrested for the second time by the British Police in connection with a case of alleged money laundering brought by the Enforcement Directorate (ED).

Mallya was, however, granted bail till Dec 4 after he was presented before the Westminster Court.

Mallya, who owes Rs 9,000 crore in loans to banks for the now defunct Kingfisher Airlines, of which he was the Chairman, is in London presently.

Mallya is also accused in connection with another case registered by the CBI.

 

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