ED transfers Rs 9,000 crore of Rs 18,000 crore assets seized from Nirav Modi, Mallya and Choksi to banks

The Enforcement Directorate (ED) has seized assets worth Rs 18,170 crore, which is 80% of the total losses incurred by the banks, in cases related to fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi. About half of the assets have been transferred to the banks and Centre. The ED said on Wednesday that not…