ED seizes Vijay Mallya's property in France worth ₹14.3 crore

The Enforcement Directorate (ED) has seized fugitive billionaire Vijay Mallya's asset in France worth €1.6 million (over ₹14.3 crore). "A property of Vijay Mallya located at 32 Avenue FOCH, France has been seized by the French Authority. Investigations revealed that a large amount was remitted abroad from the bank account of Kingfisher Airlines Ltd," the ED said.