New Delhi: The Enforcement Directorate or ED is set to soon file a fresh charge sheet against Vijay Mallyaand his companies on charges of money laundering and allegedly cheating a consortium of nationalised banks to the tune of Rs. 6,027 crore. The decision of the government agency will cause more trouble for liquor baron.

With this charge sheet (also known as the prosecution complaint), official sources said, the central probe agency will immediately seek from a court permission to "confiscate" more than Rs. 9,000 crore worth assets of the beleaguered businessman and his firms under the recently promulgated Fugitive Economic Offenders Ordinance.

The ED last year had filed its first charge sheet against Mallya, now in London, in the Rs. 900 crore IDBI bank-Kingfisher Airlines (KFA) alleged bank loan fraud case. It has attached assets worth Rs. 9,890 crore in this case till now. The forthcoming charge sheet will revolve around the complaint received from the State Bank of India (SBI) on behalf of the consortium of banks for causing loss of Rs. 6,027 crore to them by not keeping repayment commitments of his loan (by Mallya firms) taken during 2005-10, they said.

The ED has based its investigation in this instance after taking cognisance of a CBI complaint and the charge sheet will be filed before a special court in Mumbai under the Prevention of Money Laundering Act (PMLA). It was alleged that SBI and its consortium banks had advanced various credit facilities to KFA Limited during the period between 2005 and 2010.

During 2009-10, the company failed to meet its repayment commitments to the bank from whom it had availed credit facilities and the airlines did not keep its account with the consortium banks regular which became NPA (non-performing asset), the CBI complaint had stated. The consortium banks, therefore, recalled credit facilities and also invoked corporate guarantee of UBHL (United Breweries Holdings Limited) and MrMallya's personal guarantee, it had alleged.