BharatBriefly
Read less. Ask more.

Intelligent News Feed

Loading…

Vijay Mallya Claims Enforcement Directorate Recovered Rs 14,000 Crore

· India · NDTV

Vijay Mallya has alleged that the Enforcement Directorate informed the Bombay High Court in an affidavit that it has already recovered Rs 14,000 crore in relation to cases against him. The former businessman, who is currently based in the UK, referenced this figure while expressing his frustration with the ongoing legal proceedings. Mallya suggested that the recovery amount contradicts the nature of the allegations he faces. The Enforcement Directorate has not issued a public response to his specific claim regarding the affidavit. Legal proceedings concerning his extradition and financial liabilities remain active.

Why it matters

The claim regarding the recovery of Rs 14,000 crore challenges the scale of the outstanding financial claims against Mallya, potentially impacting the trajectory of ongoing recovery efforts by Indian authorities.

Read the original report — NDTV

Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.