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Vijay Mallya bought silence, influence, with freebies to politicians, officials, directors: Fraud Office - The Indian Express

Kingfisher owes over Rs 9000 crore to at least 17 lenders including SBI, IDBI Bank, Punjab National Bank, Bank of India, Bank of Baroda and United Bank of India. 2.6K. Shares. Share. Written by Khushboo Narayan | Mumbai | Updated: October 8, 2017 10:15 ...and more »

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 ...and more »

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 ...and more »

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 ...and more »