The ED today confiscated a Rs 100-crore worth beachside farm house in Maharashtra's Alibaug in Raigad district controlled by liquor businessman Vijay Mallya in connection with its money laundering probe against him.<br/><br/>The property, spread in 17 acres, was provisionally attached by the agency last year in September under the provisions of the Prevention of Money Laundering Act (PMLA).<br/><br/>The Enforcement Directorate had served eviction orders to the occupants in April this year after the owners failed to get any relief from appellate bodies.<br/><br/>The ED is probing Mallya and others under criminal charges of money laundering in the alleged Rs 900 crore IDBI bank default case.
News On AIR | May 18, 2017 8:37 PM
ED confiscates Rs 100-cr farm house of Mallya in Maharashtra