Monday, 15 October 2018

Tag Archives: Vijay Mallya

Indian tycoon Vijay Mallya makes assets ‘offer’ to Indian court

LONDON: Indian tycoon Vijay Mallya said on Tuesday he had made an “unconditional offer” to an Indian court in a bid to settle fraud charges, as he continues to fight extradition from Britain. Mallya, chairman of the UB Group drinks conglomerate and chief executive of the financially ailing Force India ...

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India Submits Proof Against Vijay Mallya In London Court

(Photo: File/AP) LONDON: In a setback to fugitive liquor baron Vijay Mallya, a UK court has admitted documentation filed by the Central Bureau of Investigation in favour of his extradition, and which also included details about facilities in the Arthur Road jail that would be provided to Mallya. The next ...

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Singapore-based BOC Aviation wins $90m claim against Vijay Mallya

LONDON: Embattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now- defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated USD 90 million in claims. The latest case involving the 62-year-old businessman, whose extradition case over alleged loan defaults amounting to ...

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Mallya extradition trial confirmed for 8 days from December 4

NEW DELHI: A defiant Vijay Mallya, wanted in India on loan defaults to several banks amounting to nearly Rs 9,000-crore, appeared before a local court in London for his pre-trial hearing where the liquor baron’s extradition hearing was confirmed for eight days starting December 4. The 61-year-old businessman, out on ...

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Vijay Mallya Arrested In UK In Money Laundering Case

LONDON: Liquor baron Vijay Mallya was arrested in London for the second time this year, in a case of money laundering. Mr Mallya is out on bail after his arrest in April following India’s extradition request. The 61-year-old tycoon, who has been staying in the UK for over a year ...

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Mumbai jail safe for Vijay Mallya, UK court told

LONDON: The Centre has submitted a report to a London court about the living and security conditions at the city’s Arthur Road jail where it is planning to lodge fugitive liquor baron, Vijay Mallya (61), once he is extradited to India. Mallya is accused in a money-laundering case. When brought ...

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Can’t punish Vijay Mallya in absentia: Supreme Court

NEW DELHI: The Supreme Court on Friday said that it cannot punish Vijay Mallya, former chairman of defunct Kingfisher Airlines, in absentia for contempt of court over not faithfully and fairly disclosing his assets to the top court and instead asked the central government to take all steps to produce ...

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Vijay Mallya laundered money to British cos, India tells UK

NEW DELHI: Indian investigators feel there is a strong chance of bringing Vijay Mallya back to India as documents shared by the Enforcement Directorate (ED) with the UK government claim the controversial tycoon laundered money from banks in India to “British companies“ and “bank accounts“ in the UK.The ED’s findings ...

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Vijay Mallya: India tycoon ‘assets’ published in Twitter hack

LONDON: A Twitter account belonging to controversial Indian tycoon Vijay Mallya has been hacked by a group which published what appeared to be details of his assets, accounts and passwords. A series of tweets claiming to be from “The Legion” also gave out an London address said to belong to ...

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