ऐप्पल ने लिया फोल्डेबल डिवाइस का पेटेंट | Editorji Hindi
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ED seizes Vijay Mallya's ₹14 cr worth assets in France

Dec 04, 2020 20:07 IST

Fugitive businessman Vijay Mallya's assets in France worth ₹14 crore have been seized on Friday by the Enforcement Directorate. Investigations revealed that a large amount was remitted abroad from the bank account of Kingfisher Airlines Ltd, the probe agency said.

The liquor baron is wanted in India over fraud and money laundering charges in relation to loans taken out by his now-defunct Kingfisher Airlines from state-owned banks in the country. Mallya reportedly owes ₹9,000 crore in principal and interest to banks in India. The Indian government is currently trying to extradite Vijay Mallya from Britain.