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New Delhi: Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate’s Rs 14,000 debt recovery from the Kingfisher tycoon. Indian Premier League founder Lalit Modi took to social media platform X to wish Mr Mallya on his birthday, adding that life has shown them both “ups and downs”….
Vijay Mallya said that banks have recovered Rs 14,131.60 crore from him. New Delhi: Fugitive businessman Vijay Mallya on Wednesday said that banks have recovered Rs 14,131.60 crore from him “against the judgement debt of Rs 6,203 crore” but he continues to be “an economic offender”. He said in a post on X that unless…
New Delhi35 minutes ago copy link The country’s public sector banks (PSBs) have recovered Rs 14,131.60 crore by selling the properties of fugitive businessman Vijay Mallya, Rs 1,052.58 crore from fugitive diamond trader Nirav Modi and Rs 2,565.90 crore from Mehul Choksi and others. Finance Minister Nirmala Sitharaman gave this information in the Lok Sabha…
New Delhi: Properties worth Rs 14,131 crore – that once belonged to Vijay Mallya – have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman’s substantial debts, Finance Minister Nirmala Sitharaman told Parliament Tuesday. Ms Sitharaman told the Lok Sabha the Enforcement Directorate had, in…
Last Updated:December 18, 2024, 09:29 IST Assets worth over Rs 22,280 crore have been recovered, from the high-profile names like Mehul Choksi, Nirav Modi and Vijay Mallya and some fraudulent companies. In high profile cases, the recovered money and the assets were either returned or restored to the rightful victims or legitimate owners. The Enforcement…
Mumbai5 minutes ago copy link Vijay Mallya fled India to the UK in 2016. He was declared a fugitive in 2019. (File) Stock market regulator Securities Exchange Board of India (SEBI) has banned Vijay Mallya from the Indian securities market for 3 years. The liquor baron, who has been declared a fugitive from India, will…