News Details
The beginning of the end for Vijay Mallya?
Eccentric Indian entrepreneur Vijay Mallya is currently facing an arrest warrant issued by a Mumbai court. 60-year-old Mallya, whose Kingfisher Airlines folded in 2012, is believed to be living in London. India's Enforcement Directorate for financial crimes stated on Monday that the court had granted its request for a warrant to seek Mallya. He is to be questioned over a claim that a 120,000 ($135,000) loan from the IDBI bank was actually invested in properties overseas. Vijay Mallya's UB group, Kingfisher Airline's owners claimed the warrant was 'unjustified,' adding that it would give complete details in the coming days to account for foreign exchange remittances. Just last week India...
Full Story »
Full Story »
You May Also Be Interested In...
Non-bailable arrest warrant issued for Force India...
Non-bailable arrest warrant issued for Force India boss Vijay Mallya...
9y ago from ThisIsF1.com
Indian government suspends Mallya's passport
India's government has announced it had temporarily suspended the...
9y ago from GrandPrix247.com
Indian crime agency wants Mallya's passport be revoked
India's financial crimes agency revealed it has asked the government to...
9y ago from GrandPrix247.com
Troubled Mallya will be absent in China
Beleaguered businessman Vijay Mallya looks set to sit out yet another...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
18h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
20h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch the IndyCar Grand Prix of Arlington:...
No description available...
7h ago from Motorsport.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
1d ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
1d ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Oliver Solberg heads Toyota...
No description available...
11h ago from Motorsport.com
Oliver Solberg storms into Safari Rally Kenya lead
Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
11h ago from MotorsportWeek.c...
Why Safari Rally Kenya will be more of a lottery than...
No description available...
19h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
PL Predictions: Arsenal to move further clear of Man...
Our football betting expert Jones Knows offers his insight across the...
5h ago from SkySports.com
Arsenal & Chelsea eye 20 million-rated 'complete...
Arsenal and Chelsea are interested in signing Adri Mehmeti from the New...
8h ago from CaughtOffside.com
Report: Arsenal & Tottenham line up move for...
Arsenal and Tottenham Hotspur are reportedly interested in signing Marco...
7h ago from CaughtOffside.com
Arsenal vs Everton Prediction and Betting Tips | March...
Arsenal will entertain Everton at the Emirates Stadium in the Premier...
8h ago from SportsKeeda.com
Comments
Hottest News
Ferrari reveal second Chinese GP upgrade after 'Macarena'...
Ferrari has stolen a march on its F1 rivals at... Read More »
2h ago from RacingNews365.com
Alpine make late change due to key figure sickness
Alpine has been forced into a late substitution... Read More »
1h ago from RacingNews365.com
