New Delhi, May 10, (way2newstv.com):
Vijay Mallya, who escaped with the scam of thousands crores of rupees to banks is currently lying in London. Britain court gave a big shock to Mallya. Mallya was sentenced in a $ 1.55 billion lawsuit. This judgment allowed Indian banks to recover the money he had given him. The petition filed by the Indian Banks' consortium, which gave loans to Mallya, Judge Andrews Hensha gave this verdict. Mallya claimed that he intentionally ripped off the debt. 13 banks have filed petitions against him. Judge defended orders issued by the Indian court in favor of 13 banks. Mallya left for London on March 2, 2016, when he had to pay Rs 9,000 crore to 17 Indian banks. Since then, CBI is investigating the case and Mallya is continuously fighting for the assignment.
BIG SHOCK TO VIJAY MALLYA ON THE UK COURT
The Enforcement Directorate (ED) has confiscated shares of more than 4.13 crore shares from United Breweries Limited (UBL) promoter companies. On Tuesday, UBL informed the stock markets. The shareholders of EPI have reached 16.15 per cent in the company with a fresh takeover of 15.63 per cent. All 8 promoter companies are shares. Eight money laundering is investigating the case of Kingfisher Airlines's debt relief case. These shares are going to be confiscated. Vijay Mallya with the SEBI mandate has been exempted from the post of Director of UBL last year. A court in New Delhi has issued fresh orders to confiscate Mallya's assets. This allowed our country banks to salvage their properties to Mallya in Wales Wales. Earlier, the court issued a mandate to pay Mallya Rs 62,033,503,879 for debt relief tribunal banks in Karnataka.
