In France, Vijay Mallya’s 1.6 million euros (about Rs 14.34 crore) assets have been seized by the Enforcement Directorate (ED). Explain that Vijay Mallya, the owner of Kingfisher Airlines Limited and a liquor businessman, has been declared a fugitive in India.
It is noteworthy that in January 2019, the case of money laundering (money laundering) Vijay Mallya was declared a ‘fugitive criminal’ by the court. Information about Mallya is that he has been in the UK since March 2016. The Indian government is also trying to extradite Vijay Mallya.
The ED shared this information with its official Twitter handle after taking this action. According to the tweet, ‘French authorities have seized the property of Vijay Mallya’s 32 Avenue Foche, France at the request of the Enforcement Directorate in a bank fraud case.’