'Mallya used IDBI loan for KFA to fund Formula 1 race team'
 

http://img-s-msn-com.akamaized.net/t...=f&x=466&y=754Business tycoon Vijay Mallya was "the prime mover in the plot" to launder a big chunk of the 900 crore-bank loan taken to keep Kingfisher Airlines flying in 2009 and had used part of the IDBI bank loan to even fund the Force India Formula 1 Team, the Enforcement Directorate has alleged in charges filed in a Mumbai court on Wednesday.

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