Properties of Vijayakanth under bank auction

Call it a rude shock. A bank has issued notice to DMDK chief Vijayakanth and came out with advertisement stating that few properties of him are out under auction for non payment of bank loans The bank said he had borrowed money to the tune of few crores but failed to repay them.

As a result, his properties including Andal Azhagar College in Mamandoor, few attached to his residence in Saligramam are up for auction. They have invited bidders too. It has sent shockwave among his cadres and partymen.