In another failed attempt at recovering money from beleaguered businessman Vijay Mallya through sale of his assets, a lone bidder turned up for the auction of his personal jet with a bid of Rs 1.09 crore -- less a per cent of Rs 152 crore reserve price.

The department had fixed Rs 152 crore as the reserve price while the UAE-based aviation support company Alna Aero Distributional Finance Holdings offered only Rs 1.09 crore, a department official said. The company had deposited the earnest money of Rs 1 crore as per auction norms.