{"id":388052,"date":"2020-12-05T11:27:16","date_gmt":"2020-12-05T05:57:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388052"},"modified":"2020-12-05T11:27:16","modified_gmt":"2020-12-05T05:57:16","slug":"ed-seizes-absconding-business-tycoon-vijay-mallyas-french-asset-worth-rs-14-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ed-seizes-absconding-business-tycoon-vijay-mallyas-french-asset-worth-rs-14-crore\/","title":{"rendered":"ED seizes absconding business tycoon Vijay Mallya\u2019s French asset worth Rs 14 crore"},"content":{"rendered":"<p>Businessman Vijay Mallya\u2019s property worth Rs 14 crore located in France has been seized under the anti-money laundering law, the Enforcement Directorate said on Friday. It said the action was undertaken by French authorities \u201con the request of the Enforcement Directorate\u201d and the property bears the address: 32 Avenue FOCH in France.<\/p>\n<p>The value of the seized asset is Euro 1.6 million that is worth about Rs 14 crore, the central probe agency said in a statement. Investigations conducted under the Prevention of Money Laundering Act revealed that \u201ca large amount was remitted abroad from the bank account of Kingfisher Airlines Ltd (KAL)\u201d for creation of the asset, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businessman Vijay Mallya\u2019s property worth Rs 14 crore located in France has been seized under the anti-money laundering law, the Enforcement Directorate said on Friday. It said the action was undertaken by French authorities \u201con the request of the Enforcement Directorate\u201d and the property bears the address: 32 Avenue FOCH in France. The value of the seized asset is Euro 1.6 million that is worth about Rs 14 crore, the central probe agency said in a statement. Investigations conducted under the Prevention of Money Laundering Act revealed that \u201ca large amount was remitted abroad from the bank account of Kingfisher [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-388052","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388052"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388052\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}