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Vijay Mallya Nirav Modi Mehul Choksi
Vijay Mallya Nirav Modi Mehul Choksi

Vijay Mallya, Nirav Modi, Mehul Choksi: Their assets worth Rs 18,170 crore were confiscated

By - Siju Kuriyedam Sreekumar -- Wednesday, June 23, 2021 , 01:05 PM

New Delhi: Assets worth Rs 18,170 crore have been seized from bank loan fraudsters. The properties of Vijay Mallya, Nirav Modi, Mehul Choksi were confiscated. from this, assets worth Rs 9,371 crore were handed over to the banks and the central government, From This 9371 Crore bank Will get 8445 Crore and balance go to Central Government.

The value of the foreclosed property will be 80.45 per cent of the amount lost to the banks through fraud. The banks have lost Rs 22,585.83 crore due to the loan scam. 



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