Karnataka HC Supports ED’s Seizure of Kingfisher Tower Flat
Certainly! Here’s a rewritten version of the content: — MUMBAI: The Karnataka High Court has affirmed the Enforcement Directorate (ED) Mumbai unit’s seizure of a flat in Kingfisher Towers, Bengaluru, associated with Vijay Mallya, the promoter of the now-defunct Kingfisher Airlines, in relation to a money laundering investigation. This property was part of a project developed by United Breweries (Holdings) Ltd (UBHL) and Prestige Estate Projects. Rajendrakumar Jain, a businessman, reported that he paid Rs 18.4 crore in 2011 for an 8,321 square foot apartment, stating that UBHL had consented to sell it. In 2015, the CBI charged Mallya and…