Saturday, June 22, 2019 Last Updated 0 Min 22 Sec ago Malayalam Edition
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Saturday 22 Jun 2019 10.40 AM

Bank to auction Vijayakanth's properties to recover loan

Bank, Vijayakanth

Chennai : The Indian Overseas Bank has decided to auction the properties owned by actor-politician Vijayanath for failing to pay Rs 5.5 Crore loan availed from the bank/.

As per the media reports, the auction will take place in Chennai on July 26.
Vijayakanth's Desiya Murpokku Dravida Kazhagam (DMDK) is part of AIADMK-BJP alliance in Tamil Nadu.

Issuing a statement the banbk said that it was forced to take action against the actor as he had failed to pay the laon back on time.

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Saturday 22 Jun 2019 10.40 AM
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