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...
10y ago from ThisIsF1.com
Indian government suspends Mallya's passport
India's government has announced it had temporarily suspended the...
10y 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...
10y ago from GrandPrix247.com
Troubled Mallya will be absent in China
Beleaguered businessman Vijay Mallya looks set to sit out yet another...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why factory Aprilia team lost to satellite Trackhouse...
No description available...
5h ago from Motorsport.com
Raul Fernandez blasts track limits penalty after...
No description available...
6h ago from Motorsport.com
“Who’s to say it won’t happen again?” - Pedro...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas: Road course gains due to hard work off...
David Malukas is still looking for his first IndyCar win, but the Team...
3h ago from MotorsportWeek.c...
Rosenqvist set to depart MSR at end of season
Recent Indianapolis 500 winner Felix Rosenqvist is set to depart Meyer...
3d ago from MotorsportWeek.c...
Winners and losers from the IndyCar race at Road...
No description available...
4d ago from Motorsport.com
Raj Nair says leading IndyCar Independent Officiating...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally Greece: Thierry Neuville has “no...
No description available...
18m ago from Motorsport.com
Neuville and Ogier go head-to-head for Rally Greece...
Thierry Neuville and Martijn Wydaeghe head into the final day of...
3h ago from MotorsportWeek.c...
WRC Acropolis Rally Greece: Thierry Neuville and...
No description available...
4h ago from Motorsport.com
Extreme conditions force organisers to shorten WRC...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano's latest 'behind scenes' update could...
Liverpool and Arsenal will likely be impacted by Fabrizio Romano's...
1h ago from CaughtOffside.com
Arsenal coach leaves as club continue revamp of...
One of Arsenal's coaches, Sam Wilson, is reportedly leaving the club as...
2h ago from CaughtOffside.com
'Deal on' – Fabrizio Romano says 'surprise'...
There's some slightly bizarre Chelsea transfer news emerging this evening...
4h ago from CaughtOffside.com
Chelsea keen on signing former Arsenal captain as Xabi...
Chelsea are weighing up a move to sign former Arsenal captain Granit Xhaka...
4h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Austrian Grand Prix starting grid with penalties...
The starting grid for the 2026 F1 Austrian Grand... Read More »
3h ago from GPFans.com
Sky F1 refuse to broadcast 'graphic' footage at Austrian...
Sky Sports F1 revealed during their broadcast on... Read More »
3h ago from GPFans.com
Mercedes F1 chief Toto Wolff announces 2027 driver lineup...
Mercedes F1 boss Toto Wolff has announced his... Read More »
2h ago from GPFans.com
