Vijay Mallya's home can be searched, UK court orders
London, July 5 (IBNS): An enforcement order by a UK judge on Thursday allowed the search of fugitive business tycoon Vijay Mallya's home, media reports said.
His assets can also be seized now as a recovery measure to payback his loans to Indian banks.
The enforcement order gives 13 banks the legal option of entering the properties of Vijay Mallya.
Mallya, who fled India in March 2016, owes Rs. 9,000 crores to banks and faces trial on different counts ranging from defaulting of loans and money siphoning.
The charges against him are being probed by the Central Bureau of Investigation and the Enforcement Directorate.
In April, Mallya was arrested in London by the police but a court granted him bail the same day.
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