Delhi (The Stellar News) Saksham Kalia: SBI led-consortium sold fugitive Vijay Malya’s shares of worth Rs 5,825cr to USA United Breweries (UB) group to Heineken Company on Wednesday and recovered about 70% of money from Rs9,900cr defrauded loan money.
Previously, SBI had sell worth Rs1,357cr shares in United breweries and united spirits Ltd. Sbi is also planning to sell other shares worth Rs 800. Malya owned most of these shares on benami names.