Vijay Mallya First Person To Be Booked Under New Anti-Financial Fraud Law

The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Breweries Holdings Ltd) and Vijay Mallya under the new law.

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