Mallya routed bank loan funds to F1, IPL teams, Jet Sorties: ED Chargesheet

(G.N.S) Dt. 19 Mumbai Enforcement Directorate (ED) has submitted a second chargesheet in a special court against businessman Vijay Mallya, UB Holdings and the now-defunct Kingfisher Airlines, along with others, charging them with laundering Rs 9,990 crore which they had fraudulently availed as loan from State Bank of India-led consortium