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Government handed over assets of Nirav Modi and Vijay Mallya to banks

Summary by Tezzbuzz
New Delhi : Union Finance Minister Nirmala Sitharaman told the Lok Sabha that the Enforcement Directorate (ED) has seized assets worth Rs 22,280 crore from economic offenders. This includes Vijay Mallya's assets worth Rs 14,131 crore and Nirav Modi's assets worth Rs 1,052 crore. Speaking in Parliament during the winter session, Sitharaman said that the ED has successfully returned assets worth Rs 22,280 crore to public sector banks. In the Vijay…
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tezzbuzz broke the news in on Thursday, December 26, 2024.
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