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A Swiss bank estimated fugitive businessman Vijay Mallya’s net worth at ₹ 7,500 crore in August 2017, the Central Bureau of Investigation said in its third supplementary charge sheet filed in...
- Charul Shah
Jun 28, 2021 · India sells off assets of Vijay Mallya, once known for an enviable lifestyle of sports cars, luxury homes and a cricket team, to pay off his staggering debts.
Feb 22, 2022 · Furthermore, Vijay Mallya diverted the money he got from the loans to fund his IPL team Royal Challengers Bangalore. He bought the most expensive IPL team RCB at INR 476 Crore with the money of public sector banks.
- 66 (2022)
- 18 December 1955
- Bantwal, Mangalore, Karnataka, India
- Indian
- Vijay Mallya fled India and moved to London in March 2016 while he owed Indian banks more than Rs 9,000 crore.
- He left India in March 2016 under the pretext of personal reasons and defrauded at least 17 Indian banks.
- The full name of Vijay Mallya is Vijay Vittal Mallya.
- Vijay Mallya was born on 18 December 1955 in Kolkata.
- Vijay Mallya has 4 children, Siddharth Mallya, Laila Mallya, Tanya Mallya, Leanna Mallya.
- The home state of Vijay Mallya is Karnataka.
In December Finance Minister Nirmala Sitharaman said that as of July 2021 banks had recovered ₹13,109 crore after sale of assets belonging to Vijay Mallya, Nirav Modi, and Mehul Choksi.
Vijay Mallya is an ardent devotee of Lord Venkateshwara of Tirupati, and Kukke Subrahmanya. On his 57th birthday in 2012, he offered 3 kg of gold bricks to Venkateswara Temple, Tirumala. In 2012, he also donated ₹8 million (US$96,000) gold-plated doors for Kukke Subrahmanya.
Mar 23, 2023 · Vijay Mallya, besides buying assets in Europe, also transferred money to his children’s trust in Switzerland. The loans were taken for his company, Kingfisher Airlines.
People also ask
Where did Vijay Mallya get his money?
Why did Vijay Mallya buy RCB?
Why did Vijay Mallya leave India?
Did Vijay Mallya buy assets in Europe?
May 19, 2021 · He owed them money to 17 Indian banks and was accused of money laundering and fraud. In the fear of arrest, Mallya left the country to find refuge in Britain on 2nd March 2016. India had requested for the extradition of Mallya here and to try cases on him.
