Mallya, whose defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks, had left India on March 2. He has been declared proclaimed offender by Enforcement Directorate (ED) and the government is making attempts to extradite him.
Last week, a special anti-money laundering court confirmed an order for attachment of assets worth Rs 1,411 crore issued by the ED against UBHL and others in connection with its money laundering probe against liquor baron Vijay Mallya and others.
The central probe agency in June had issued the first attachment of assets order in this case under the provisions of the Prevention of Money Laundering Act (PMLA) that included bank balance of Rs 34 crore, a flat each in Bengaluru and Mumbai, an industrial plot in Tamil Nadu, a coffee plantation land in Coorg and residential and commercial constructed areas in UB city and Kingfisher Tower in Bengaluru in the name of United Breweries (Holdings) Limited and other firms.
The total attachment made by the agency in this case has now shot up to Rs 8,041 crore and this is one of the largest attachment of assets made by ED in a PMLA case till now.
The agency had registered a money laundering case against him and others based on an FIR registered last year by the CBI.
Sourced from agencies, feature image courtesy: techstory.in
