Expanding its money laundering probe against businessman Vijay Mallya, the Enforcement Directorate has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the long-grounded air carrier and its top executives.
A source said: “The banks have been asked to furnish details of all domestic and foreign inward and outward remittances of Kingfisher Airlines. Information such as from which accounts the money came in and to which accounts they were transferred, have been given to the ED.” Another source said, “The aim, it seems, is to look at whether there was any case of money laundering or whether the money was parked in any tax haven.” The ED had asked for financial details from both public and private sector banks and a part of these details were submitted last week. —PTI
