ED seizes Vijay Mallya's property worth Rs 14 crore in France

Vijay Mallya's property worth Rs 14 crore has been seized under the Anti Money Laundering Act in France. Vijay Mallya, the owner of Kingfisher Airlines Limited and fugitive liquor businessman is absconding from India. Mallya is accused of not paying the bank loan of more than nine thousand crore rupees.

ED has seized Vijay Mallya's property worth 1.6 million euros.