Maliya fined Rs 10 lakhs

Vijay Mallya--621x414The supreme court dismissed a petition filed by prominent industrialist and liquor king Vijay Maliya, who preyed to the court to dismiss a case for violation of Fera. The apex court also slammed a fine of Rs 10 lakhs on him. Earlier, the enforcement directorate filed a case against him stating that Maliya violated Foreign Exchange Regulation Act. The ED also issued summons to him to interrogate on information of agreement in 1985.

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