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Apr 10, 2020 · Vijay Mallya is the chairman of United Spirits. Mallya owes a Rs 9,000 crore from 17 Indian banks and is accused of fraud and money laundering cases in the country. In this blog, we will discuss what is the Vijay Mallya’s scam. We will also read the failure reason of Kingfisher airline which is owned by Vijay Mallya.
Apr 1, 2020 · Vijay Mallya allegedly owes various banks over Rs 9000 crores, which he'd taken as a loan to keep his now defunct Kingfisher airlines from failing. He was recently declared a fugitive economic...
Oct 28, 2020 · The case of Vijay Mallya is a story of ambition, luxury, lifestyle, and greed. Earlier, people used to feel pity for Mallya under the myth that his failure was just because of the economic situation and some sort of hard luck.
Vijay Vittal Mallya (born 18 December 1955) is an Indian fugitive former businessman and politician. [6] [7] He is the subject of an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes in India.
Jun 3, 2024 · Businessmen involved in multi-million dollar scams, such as Nirav Modi, Mehul Choksi and Vijay Mallya, were able to flee the country because probe agencies failed to arrest them at the proper time, a special court here said recently.
Feb 24, 2022 · The "timely attachment" of proceeds of crime has led to the attachment of assets worth over Rs 19,000 crore out of the "total fraud" of over Rs 22,500 crore by three fugitive offenders Vijay Mallya, Nirav Modi, and Mehul Choksi, the Centre has told the Supreme Court.
Jul 27, 2021 · On Monday (July 26), the Insolvency and Companies Court of the London high court granted a bankruptcy order against fugitive liquor baron Vijay Mallya, who has been fighting against his extradition to India since 2017, a year after he fled the country.
Oct 3, 2017 · Vijay Mallya, the flamboyant Indian beer and airline tycoon, has been accused in a London court of money laundering with some funds allegedly going to his Force India Formula One motor racing...
The Supreme Court on Monday sentenced fugitive economic offender Vijay Mallya to four months in jail in a contempt of court case for not honestly disclosing his assets and secretly transferring...
Jun 23, 2021 · Indian banks received 71.82 billion rupees ($967 million) by selling defaulter and former billionaire Vijay Mallya’s stake in United Breweries Ltd., according to a statement by the...
