Rs 14,131 Crore Recovered For Banks, But Money-Laundering Case Against Vijay Mallya Will Stay: ED To Bombay HC

The Enforcement Directorate has told the Bombay High Court that the recovery of assets worth over Rs 14,000 crore for banks from Vijay Mallya does not wipe out the pending money-laundering charges against him, arguing that a PMLA prosecution operates in a field distinct from the recovery of civil dues. Mumbai: The Enforcement Directorate (ED) […]