Vijay Mallya laundered over â¹1,300 crore through 13 firms
The Enforcement Directorate said Vijay Mallya laundered over â¹1,300 crore through 13 shell companies in US, Ireland, Mauritius, and France. ED also said that these companies had no actual activities and were fully controlled by Mallya, with former employees of UB group as directors. The only purpose of these companies was to either obtain loans or launder money, ED added.