Sun, Feb 26, 2017 | updated 01:23 PM IST

ED attaches Mallya's properties, shares worth Rs 6,630 crore

Updated: Sep 03, 2016 16:07 IST
New Delhi [India], Sept. 3 (ANI): The Enforcement Directorate on Saturday attached the assets, properties, and shares of liquor baron Vijay Mallya, total worth amounting to Rs. 6,630 crores.

The properties that have been attached are located in Mumbai, Bengaluru and other cities across the country.

The Enforcement Directorate has attached properties of worth Rs. 4234.84 crore which include Mandwa Farm House, Alibaugh (Rs.25 crore), flats in Kingfisher Tower, Bengaluru, (Rs. 565 crores), fixed deposits of Mallya with HDFC (Rs. 10 crore), shares of USL,UBL and Macdowell Holding Co. held by Mallya/ UBHL and his controlled entities (Rs.3635 crore).

"Present Market value of the above attached properties is Rs.6630 crore approximately. So far, ED Mumbai has attached properties of Dr. Mallya and his companies having market value more than Rs. 8000 crores," said the Enforcement Directorate.

The Enforcement Directorate is investigating two separate money laundering cases against Mallya and others where they allegedly defrauded banks after defaulting loan payment. The agency is investigating a money laundering case against Mallya where he defaulted Rs. 900 crore loan payment to IDBI bank.

The business tycoon had also defaulted around Rs 9400 crore loan payment to consortium of 17 banks led by SBI.

Mallya flew to London on March 2 just days before a consortium of lenders knocked on the doors of the Supreme Court to recover the debt.

Mallya has denied all accusations and said that he was in talks with the banks to settle the loans.(ANI)

Gujarat: Two ISIS operatives arrested

Updated: Feb 26, 2017 12:37 IST

Ahmedabad [India], Feb. 26 (ANI): The Gujarat Anti Terror Squad (ATS) has arrested two brothers from the state for their alleged involvement in activities related to the terror group ISIS.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Prime Minister Narendra Modi on Sunday heaped praises the Indian Space Research Organisation (ISRO) scientists for creating a world record by sending 104 satellites into the space orbit.

Full Story >>

New Delhi [India], Feb 26 (ANI): Lauding India's successful progress in the field of defence, Prime Minister Narendra Modi on Sunday said that inculcation of the Ballistic Interceptor Missile is a cutting edge technology in the arena of security.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Prime Minister Narendra Modi, in his 29th edition of Mann Ki Baat, touched on a range of issues from India's historic launch of a record 104 satellites on a single rocket to the Indian team's incredible victory in the Blind T20 Cricket World Cup.

Full Story >>

New Delhi [India], Feb. 26 (ANI): The National Investigative Agency (NIA) will soon file a closure report in connection with a case relating to the two youth from Pakistan Occupied Kashmir (PoK), who were suspected to have helped the terrorists carry out the deadly attack in an army camp in Jammu and Kashmir's Uri sector last year.

Full Story >>

Gorakhpur (Uttar Pradesh) [India], Feb. 26 (ANI): Responding to the FIR lodged against him for violating the poll code, Bharatiya Janata Party (BJP) Uttar Pradesh Chief Keshav Prasad Maurya on Sunday defended himself saying that he simply 'forgot' to take off the party symbol from his coat before casting the polls.

Full Story >>

Thane (Maharashtra) [India], Feb. 26 (ANI): Thane City Police has nabbed18 persons from Goa and Nagpur in connection with an Army exam question paper that was leaked prior to an Army exam.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Despite the Enforcement Directorate having expressed its desire to not conduct proceedings via video conferencing or e-mail, controversial Islamic preacher Zakir Naik haS sought a questionnaire from the agency, fearing his arrest if he lands in India.

Full Story >>

Thiruvananthapuram (Kerala) [India], Feb. 26 (ANI): A fire broke out in Kerala's Thiruvananthapuram city in the early hours of Sunday, after a pile of garbage was set on fire by locals, thus revealing the apathy of the local administrative bodies.

Full Story >>

New Delhi [India], Feb. 26 (ANI): The Election Commission of India has once again called on the political parties contesting elections, to refrain from using religion as election propaganda to garner support, stating that this will fuel communal disharmony.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Dr. K. Ramamurthy, who was freed after being captured in Libya by the ISIS two years ago, said here after his release that the dreaded terrorist organisation is very much "interested" in India and wants its ideology to be spread in the country.

Full Story >>

Coimbatore [India], Feb. 26 (ANI): The two main accused- Sunil Kumar and Vigeesh- in the abduction and assault of a Malayalam actress were brought to Coimbatore, Tamil Nadu early in the morning for evidence collection.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Prime Minister Narendra Modi will be sharing his thoughts on a number of issues in the 29th edition of his radio programme 'Mann ki Baat' today.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Bihar Chief Minister Nitish Kumar on Saturday garnered full support from the Rashtriya Janata Dal (RJD), the Janata Dal (United) and the Nationalist Congress Party (NCP) after he questioned Prime Minister Narendra Modi's self-proclaimed 'mother-son' relationship with the River Ganga.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Extending support towards Uttar Pradesh Chief Minister Akhilesh Yadav over his counter remark against Prime Minister Narendra Modi's 'Shamshan-Kabristaan' statement, the Janta Dal (United) on Sunday said the latter was resorting to his old ways of spreading communalism.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Supporting Bihar Chief Minister Nitish Kumar over his remark on Prime Minister Narendra Modi being looked for by his 'mother' Ganga, the Congress on Sunday said PM Modi has always failed to carry on his responsibilities and fulfill promises made to people.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Lashing out at Prime Minister Narendra Modi, Congress leader Mani Shankar Aiyar on Sunday said the former's fondness for figure fifteen is the premise of his fake politics.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Coming out defiantly against the Karnataka bribegate diary case, the Congress on Sunday questioned its veracity, saying that the entire thing has been planted by the Bharatiya Janata Party (BJP).

Full Story >>

Srinagar (Jammu and Kashmir) [India], Feb. 26 (ANI): Director General of Police (DGP), Jammu and Kashmir, S.P. Vaid, GOC, CIF (V) Maj. Gen. Ashok Narula and Inspector General of Police (IGP), Kashmir S.J.M. Geelani along with other army personnel on Saturday visited the residence of 34-year-old brave heart Lance Naik Gh Mohi-Ud-Din, who sacrificed his life in a terror attack in Jammu and Kashmir's Shopian.

Full Story >>

Ludhiana (Punjab) [India], Feb. 26 (ANI): Two unidentified assailants gunned down two members associated with the Dera Sacha Sauda on Saturday at a canteen in Ludhiana's Ahmednagar.

Full Story >>