Mallya's fixed deposit worth â¹10cr seized, farmhouses sealed
The Enforcement Directorate on Tuesday seized UB Group Chairman Vijay Mallya's fixed deposit worth â¹10 crore after the Supreme Court found him guilty of contempt of court. Some of his flats and farmhouses have also reportedly been sealed in connection with the money laundering case against him. Mallya owes banks â¹9000 crore he had taken in loan for Kingfisher Airlines.