• Vijayakanth’s house, college properties to be auctioned

    Vijayakanth’s house, college properties to be auctioned

    Published Date : 21-Jun-2019 5:15:37 IST

    Properties worth about Rs 100 cr owned by actor-turned politician Vijayakanth, his wife Premalatha and his educational trust has been put on auction by the Indian Overseas Bank (IOB) for non-payment of a Rs 5.52 cr loan. The loan was availed by actor’s Andal Azhagar Educational Trust and Vijayakanth and Premalatha were the sureties, providing their properties as security to the bank. According to the IOB’s public notice, the properties would be auctioned off on July 26.

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