Mallya wants freedom and safety to come back in India
Vijay Mallya is ready to set his foot again in India only the terms and conditions that he wants his safety and freedom. And not only is this but he also agreed to do negotiations with his lenders to reach an acceptable settlement offer.
In the latest round of actions, the Enforcement Directorate (ED) has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the now-grounded airline and its top executives.
So far, the ED was focusing on Rs 900-crore loan that IDBI Bank had given to KFA. The move to seek details from more banks indicates widening of the probe into the Mallya saga.
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