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Banks can sell Mallya's properties worth ₹5,600 crore: PMLA court


A PMLA court in Mumbai said the banks that had granted loans to Vijay Mallya can move to sell his properties worth over ₹5,600 crore. Mallya's properties include several floors in UB City and under-construction flats in Kingfisher Tower in Bengaluru worth over ₹564 crore. Other assets include his shares in United Breweries and United Spirits worth over ₹5,000 crore.

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