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From debt of Rs 9 thousand crore to assets worth Rs 14,131 crore, why will Vijay Mallya's case still not end?
Vijay Mallya's case, which started with a loan of Rs 9 thousand crores, did not end despite the recovery of assets worth Rs 14,131.60 crores. The reason is that refund of bank money and the criminal case of money laundering are two different legal issues. According to ED, the assets have been handed over to the banks, but criminal proceedings under PMLA do not automatically end.
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