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Enforcement Directorate Attaches Vijay Mallya's Properties Worth Rs 1,411 Crore

Liquor baron Vijay Mallya, whose defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks, left India on March 2.
Liquor baron Vijay Mallya, whose defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks, left India on March 2.
Mumbai: The Enforcement Directorate (ED) on Saturday attached properties of the liquor baron Vijay Mallya, worth Rs 1,411 crore, in the IDBI Bank loan default case. "We have attached properties worth Rs 1,411 crore (as per the market value) of Vijay Mallya and UB Limited under the Prevention of Money Laundering Act," said an ED official. The assets under "provisional attachment" included bank balance of Rs 34 crore, a flat each in ...
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