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Indian government suspends Mallya's passport
India's government has announced it had temporarily suspended the passport of beleaguered tycoon Vijay Mallya, after he failed to appear before financial crime investigators in connection with a money laundering probe. Mallya is also being chased by a group of banks over $1.34 billion in unpaid loans and is believed to be in Britain. After issuing three summonses for the 60-year-old liquor baron, the Enforcement Directorate (ED) asked the foreign ministry to revoke Mallya's passport, with a view to having him brought back to India. 'On the advice of the Enforcement Directorate, the passport issuing authority in the Ministry of External Affairs has today suspended the validity of Mr. Vijay...
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8y ago from GrandPrix247.com
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