SBI-led team gets Rs 792 crore selling Kingfisher shares
BENGALURU: The State Bank of India-led consortium has recovered another Rs 792.11 crore through the sale of shares in Kingfisher Airlines in the Vijay Mallya case, the Directorate of Enforcement (ED) stated in an official release on Friday.
According to the Central Revenue Intelligence and Enforcement Agency, these shares, which were earlier attached by ED under the Prevention of Money Laundering Act (PMLA), were handed over to the consortium. The consortium had earlier realised Rs 7,181.50 crore by liquidating assets handed over to them by ED.
