September 3, 2016 9:29 PM

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ED attaches Vijay Mallya's assets worth Rs 6630 cr

The Enforcement Directorate, ED, today issued its second attachment order for assets worth 6,630 crore rupees against businessman Vijay Mallya. <br/><br/>It seized Mallya's farmhouse, flats and FDs in connection with its money laundering case against him and his associates. <br/><br/>The agency had recently expanded the probe in this regard as it took over investigation into the alleged loan default case in which a fresh case was also filed by CBI last month. <br/>The latest action against Mallya is in the aftermath of the new case. <br/><br/>Mallya is under probe form both the Enforcement Directorate and the CBI for a Rs. 9,000 crore loan scam. <br/>A consortium of had moved against Kingfisher Airlines Ltd for loan default.<br/><br/>The total attachment made by the agency in this case has<br/>now shot up to Rs. 8,041 crore as it had attached assets worth<br/>Rs. 1,411 crore few months back.

September 3, 2016 5:38 PM

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ED attaches Vijay Mallya's assets worth Rs 6630 cr

The Enforcement Directorate, ED, on Saturday issued its second attachment order for assets worth Rs. 6,630 crore against businessman Vijay Mallya. It seized Mallya's farmhouse, flats and FDs in connection with its money laundering case against him and his associates. <br/><br/>The agency had recently expanded the probe in this regard as it took over investigation into the alleged loan default of Rs. 6,027 crore availed from a consortium of nationalised banks led by SBI, in which a fresh case was also filed by CBI last month. <br/><br/>The latest action against Mallya is in the aftermath of the new case. <br/>The total attachment made by the agency in this case has now shot up to Rs. 8,041 crore as it had attached assets worth Rs. 1,411 crore few months back.

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