Fresh charges against Mallya in PMLA case

Officials said the agency has already obtained details of the case from CBI and charges of cheating of the 17 banks are expected to be incorporated in the case registered under the Prevention of Money Laundering Act (PMLA) against the liquor baron. The agency is already working on attaching some fresh assets of Mallya and his associates, besides invoking the India-UK Mutual Legal Assistance Treaty (MLAT) to make the businessman join the investigation here and getting issued an Interpol arrest warrant against him. ED sleuths, they said, will have an active cooperation with the CBI to take the criminal probe under various sections of IPC, Prevention of Corruption Act and PMLA forward. Besides Mallya, his companies Kingfisher Airlines (KFA) and United Breweries Holdings Limited have also been named as accused in the CBI FIR.