Sunday, 24 October 2021

Tag Archives: assets

Property tycoon Malik Riaz’s UK assets to be returned to Pakistan

LONDON: Pakistani property tycoon Malik Riaz has agreed to pay UK’s National Crime Agency (NCA) £190m in a settlement after eight UK bank accounts linked to him were frozen in August 2019. “The assets will be returned to the State of Pakistan,” the NCA said, referring to the settlement amount. ...

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Vodacom unit to sell operations in four African markets

ANGOLA: South African mobile phone operator Vodacom Group Ltd on Friday said it has entered an agreement to sell its Business Africa unit’s Angolan operations and assets to Internet Technologies Angola for an undisclosed amount. Separately, Vodacom, which is majority owned by Vodafone Group Plc, also announced an agreement to ...

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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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Vodafone confirms Liberty Global European assets talks

LONDON: Vodafone Group opened discussions with Liberty Global on acquiring parts of the cable company’s European business, amid rumours the deal would form an asset swap similar to a proposal abandoned three years ago. In a brief media statement, Vodafone Group said it was in: “Early stage discussions with Liberty ...

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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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