On Friday, The Enforcement Directorate seized fugitive Vijay Mallya’s assets worth 1.6 million euros in France, under the anti-money laundering law by the French authorities after ED’s request.
In a statement Enforcement Directorate said: “On the request of Directorate of Enforcement (ED), a property of Vijay Mallya located at 32 Avenue FOCH, France has been seized by the French Authority. The value of the seized asset in France is 1.6 million euros. Investigations revealed that a large amount was remitted abroad from the bank account of Kingfisher Airlines Ltd.”
The ED in the statement said it has so far attached assets worth ₹ 11,231 crore.
The British government has said that Mr Mallya – who has been named a fugitive economic offender in India – cannot be extradited till the resolution of the confidential legal matter and that it is trying to resolve the issue as quickly as possible.
