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The Economic Times
The Economic Times
National

Vijay Mallya continues to evade Indian law, recovery of assets doesn't absolve him: ED

Vijay Mallya ED India Enforcement Directorate SBI

Mumbai: Former liquor baron Vijay Mallya continues to evade the legal process in India, and the recovery of debts by the banks does not absolve him of the money laundering charges, the Enforcement Directorate (ED) has submitted to the Bombay High Court.

The central agency on September 8 filed its affidavit in response to a petition filed by Mallya in 2020 seeking a closure of the criminal cases lodged against him. His dispute with the banks was settled after the debts were recovered, he had contended.

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