Herald: ED ‘resisted’ my efforts to repay banks, Mallya claims in PMLA court
Herald News

ED ‘resisted’ my efforts to repay banks, Mallya claims in PMLA court

25 Sep 2018 05:37am IST
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25 Sep 2018 05:37am IST

PTI, MUMBAI: Embattled liquor baron Vijay Mallya told a special court here Monday that the Enforcement Directorate (ED) "resisted" his efforts to settle his loans with public sector banks.

Mallya, who is currently in the United Kingdom, has been charged by the ED of defaulting on bank loans to the tune of Rs 9,000 crore.

Mallya, through his counsel, was replying in the PMLA court of Judge M S Azmi to an ED application seeking that he be declared a fugitive under the Fugitive Economic Offenders Act.

In his reply, Mallya stated that "despite continuing efforts over the last two to three years, when efforts have been made to repay the public sector banks, instead of taking steps to facilitate the process of repayment to banks, the ED has, at every step, resisted this effort".

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