Vijay Mallya Used Freebies to Influence Officials and Politicians, Says Fraud Office - The Wire

Emails accessed allegedly contain information on corporate espionage, freebies to politicians, officials and bureaucrats to buy influence, and co-opting of independent directors. Vijay Mallya. Credit: Reuters. New Delhi: The Serious Fraud Investigation ...

Vijay Mallya used outside pressure and intervention to get Rs 2000 cr loan: Fraud Investigation Office - Financial Express

The Serious Fraud Investigation Office (SFIO), in its latest investigation had revealed that liquor baron Vijay Mallya used outside pressure and intervention for the sanction and disbursement of the corporate loan of Rs 2,000 crore to the now-defunct ...

UK: India's 'King of the Good Times' Re-Arrested for Money Laundering - OCCRP

Indian tycoon Vijay Mallya was arrested in the UK on Tuesday for the second time this year on behalf of Indian authorities who allege that he diverted a state loan meant for his ailing airline carrier to support his Formula 1 team, the Guardian reported.

Vijay Mallya spent Rs 53 crore on Formula One team: ED - Mumbai Mirror

Liquor baron transferred part of loan from IDBI Bank in two installments to his racing team. Vijay Mallya funnelled Rs 53.69 crore out of the country in two installments to fund his F1 ambitions, according to Enforcement Directorate (ED) officials. A ...