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SC, ED tighten noose on Vijay Mallya; court asks him to appear on July 10

Enforcement Directorate to file chargesheet under PMLA

Vijay Mallya
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Shrimi ChoudharyM J Antony Mumbai | New Delhi
In a double blow to beleaguered businessman Vijay Mallya, the Enforcement Directorate (ED) is all set to file its first chargesheet in the money laundering case, while the Supreme Court (SC), on the other hand, found Mallya guilty of contempt of court and asked him to be present in the court on July 10 when it would decide the sentence.
 
According to sources, the probe agency would file its chargesheet, also called “prosecution complaint” by the end of this month. The ED will include the evidence of how Mallya diverted funds from the Rs 900-crore loan received from IDBI