ED seizes fresh assets of Vijay Mallya worth nearly Rs.1.600 crore

Enforcement Directorate (ED) has seized fresh assets of Industrialist Vijay Mallya, worth nearly Rs 1,600 crore, in connection with a money laundering case against him and others after special Prevention of Money laundering Act court allowed the agency's plea for further attachments. Officials said,orders for the fresh attachment of freezed and pledged shares are being carried out under the provisions of the Criminal Procedure Code (CrPC) and will be over and above the two earlier attachments worth around 8,000 crores issued under anti-money laundering laws.

justify;">The court declared Mallya a proclaimed offender. It, however, rejected ED's request for attachment of Mallya's overseas properties.

ED had moved the court last month seeking that Mallya be declared a proclaimed offender and his properties be attached as he did not comply with a proclamation order issued against him requiring him to appear before the court.