Business tycoon Vijay Mallya on Thursday asked Supreme Court “Why have I been made the poster boy for loan defaulters?” As his debts mount and his properties stay attached under the Prevention of Money Laundering Act, Mallya accused the judiciary of targetting him, of treating him worse than a terrorist[Read More…]
Tag: Vijay Mallya
India hands over extradition request for Mallya to UK
Evading look-out notice, arms dealer may flee to London
Evading a look-out notice, Arms dealer Sanjay Bhandari, who was under the scanner of multiple investigating agencies, may have fled the country. According to a report in The New Indian Express, government sources suspect Bhandari might have reached London via Nepal. If verified, this could invite more embarrassment to the[Read More…]
Mallya’s Twitter account ‘hacked’, says he’s being blackmailed
Beleagured industrialist Vijay Mallya on Friday said that his Twitter account has been hacked and the outfit responsible for this was blackmailing him. A series of tweets appeared on Mallya’s Twitter account on Friday morning with the purported passwords of the various bank accounts of the owner of now defunct[Read More…]
No takers for Mallya’s luxury jet in third round of auctions
Unable to get the right price in the recently-held third auction of luxury personal jet of the businessman Vijay Mallya, the Service Tax Department is now planning to go for yet another round in the next couple of months, a senior department official said. The Service Tax Department is looking[Read More…]
More trouble! CBI moves extradition request for Vijay Mallya
In fresh trouble fro beleagured businessman Vijay Mallya, the CBI on Monday initiated an extradition request to bring back the former liquor baron from the United Kingdom through a Special Court in Mumbai. The investigative agency secured a non-bailable warrant against Mallya, following it with an extradition request from the[Read More…]
Esteban Ocon joins Force India for 2017 season
French driver Esteban Ocon will race for Force India in the 2017 Formula 1 season after agreeing a ‘multi-year deal’ with the team. A vacancy was created at the Vijay Mallya-backed team with Nico Hulkenberg making a switch to Renault. The 20-year-old, a junior Mercedes driver, made his Formula One[Read More…]
Vijay Mallya discloses India assets, has ₹16,440 cash in hand
Beleagured liquor baron Vijay Mallya has disclosed to the Supreme Court that he had Rs 16,440 as cash in hand as of March 31, 2016. His bank deposits in India totalled Rs 12.6 crore, which was under attachment by the Income Tax Department, it noted. Mallya also stated he had[Read More…]
Supreme Court directs Vijay Mallya to disclose his overseas assets
The Supreme Court on Tuesday told liquor baron Vijay Mallya to disclose in full the assets he holds overseas including the details of the $40 million he got from Diageo in February. Saying it was not happy the way he had made disclosure, Justice Kurian Joseph and Justice Rohinton Nariman[Read More…]
Mallya flew away just like the ‘Kingfisher’ bird, says Bombay HC
Taking a sly dig on Vijay Mallya, the Bombay High Court on Monday observed that the businessman aptly named his company ‘Kingfisher’, as like the bird of the same name he too flew away without bothering about boundaries. The remark was made by a division bench of Justices SC Dharmadhikari[Read More…]
I want to return to India, but passport revoked, says Vijay Mallya
Beleaguered liquor baron Vijay Mallya on Friday offered to return to India. He has moved to a Delhi trial court seeking to reverse the government’s decision to revoke his passport. According to the reports, Vijay Mallya has submitted an application before Delhi’s Patiala House court. He told the court that[Read More…]
Rahul attacks govt over Mallya, defends farmers who ran away with Khats
Congress vice-president Rahul Gandhi launched an attack on Modi government on its failure to apprehend Vijay Mallya. Rahul who is on the second day of his 2,500-km Deoria to Delhi Kisan Yatra, tweeted, “If a Kisan takes a khat he’s called a ‘chor’ but ppl like Mallyaji who run away[Read More…]
Noose tightens around Mallya as ED attaches ₹6,630cr worth properties
The Enforcement Directorate (ED) on Saturday attached ₹6,630 crore worth properties belonging to loans defaulter Vijay Mallya, Times Now reported. The properties include a mall, a farmhouse and several stocks Mallya owns. The properties attached by the ED are located around the country, including in Mumbai and Bengaluru. Mallya, who[Read More…]