Vijay Mallya tweets defence after ED attaches his properties

After his properties worth Rs 1,411 crore were attached by the Enforcement Directorate (ED) on Saturday in the issue of money laundering related with the IDBI loan default case beleaguered businessman Vijay Mallya tweeted his defence.

Updated: Jun 11, 2016, 23:30 PM IST
Vijay Mallya tweets defence after ED attaches his properties

Zee Media Bureau

New Delhi: After his properties worth Rs 1,411 crore were attached by the Enforcement Directorate (ED) on Saturday in the issue of money laundering related with the IDBI loan default case, beleaguered businessman Vijay Mallya tweeted his defence.

He tweeted:“Life isn't about waiting for the storm to pass. It's about learning to dance in the rain - Vivian Greene. One of my favourites!”

 

Mallya's properties that were attached are loacted in Bengaluru, Mumbai, Chennai and Coorg.

 

Earlier in the day, Enforcement Directorate (ED) attached properties worth Rs 1,411 crore belonging to Vijay Mallya in IDBI loan default case.

ED on Friday moved a special PMLA court in Mumbai seeking to declare liquor baron Vijay Mallya a proclaimed offender in connection with its money laundering probe against him in an alleged bank loan fraud case.

 

Officials had said that the agency has made a plea to the court to issue an order under Section 82 of the Criminal Procedure Code (CrPC) and term him a proclaimed offender as Mallya has “multiple” arrest warrants pending against him including a non-bailable warrant (NBW) under the Prevention of Money Laundering Act (PMLA).