The government has seized assets worth Rs 19,000 crore belonging to Vijaya Mallya, Neerav Modi, and Mehul Choksi

New Delhi: The government has so far seized assets worth Rs 19,100 crore in connection with absconding businessmen Vijay Mallya, Neerav Modi, and Mehul Choksi. In a written reply to the Rajya Sabha, Finance Minister Pankaj Chaudhary said that out of the total assets seized, more than Rs 15,113 crore was transferred to public sector banks. He also said that the Indian government had seized assets worth over Rs 335 crore. The minister said the three fugitives had defrauded public sector banks and embezzled money through their companies, causing a total loss of Rs 22,585 crore.