ED orders CBI to file fresh case against Mallya

NEW DELHI: The Enforcement Directorate (ED) on Friday ordered the Central Bureau of Investigation (CBI) to register a fresh First Information Report (FIR) against embattled business tycoon Vijay Mallya with regard to Rs. 6,027 crore loan case.   Assets worth Rs. 6,000 crore owned by Mallya are being identified, which will be later on seized to recover the loan. On the basis of the newly registered FIR, the ED will register a new case and probe the matter. A special court had earlier declared Mallya an absconder and issued a non-bailable warrant against him. The ED has also probed a case against Mallya file by the IDBI bank. Last week, the CBI too had registered a new case against the liquor baron on a complaint filed the State Bank of India (SBI) under Section 420 of the Indian Penal Code (IPC). Mallya flew to London on March 2 just days before a consortium of lenders knocked on the doors of the Supreme Court to recover the debt. The one-time owner of Kingfisher Airlines owes 17 banks, including the SBI, over Rs. 9,000 crores with interest. Mallya is under investigation by various agencies, including the ED and the Serious Fraud Investigation Office (SFIO), which probes white collar crimes.