June 12, 2026 07:07 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Mamata's nightmare deepens! Saayoni Ghosh, Dev, Rachana Banerjee among 19 rebel MPs seeking TMC split | Trump claims US 'ended war with Iran', Tehran yet to confirm a deal | Heartbreak for Indian sports: Manu Bhaker's mentor Jaspal Rana passes away at 49 | Three Indian seafarers, missing after US strike on tanker near Oman, confirmed dead | 'Choose your side': TMC MP Kalyan Banerjee's ultimatum to Mamata in open revolt against Abhishek | Fresh trouble for Abhishek Banerjee! Calcutta HC orders TMC MP to appear before CID in forgery case by 6 pm today | 'No resignation, no retreat': Cockroach Janta Party takes paper leak protest nationwide | TCS goes all-in on AI! Partners with Anthropic, gives Claude access to 50,000 employees | Viral video outrage! Ola driver brutally assaults 70-year-old man over spitting row; arrested after Shinde's personal intervention | Mamata under pressure! Third Rajya Sabha MP Prakash Chik Baraik quits, hints at BJP move

ED attaches Vijay Mallya's property worth Rs. 6,630 crore

| | Sep 03, 2016, at 09:20 pm
New Delhi, Sept 3 (IBNS) : The Enforcement Directorate (ED) on Saturday attached RS 6,630 crore worth properties of liquor baron Vijay Mallya, facing charges of defaulting on huge loans, reports said.

The agency has so far attached assets worth over Rs. 8,000 crore.

The properties attached include  shares of United Spirits Limited, United Breweries Limited and Macdowell Holding Co worth Rs.3635 crore, besides a mall, a farm house at Alibug in Maharashtra, flats in Kingfisher Tower in Bengaluru and fixed deposits of. Mallya with HDFC for Rs. 10 crore.


Mallya, who owes Rs 9,000 crore in loans to banks for the now defunct Kingfisher Airlines, of which he was the Chairman, is reportedly in London. He left India in March.

Last week, a consortium of banks including SBI  told the Supreme Court that Mallya had deliberately not made a full disclosure of his assets.

In connection with another case registered by the CBI last year pertaining to Rs. 900-crore IDBI Bank loan default, the Directorate had earlier attached properties worth Rs. 1,411 crore.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.