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 confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
2d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
1d ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
2d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
6d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou smokes the field to secure IndyCar pole at...
IndyCar is visiting another of its iconic natural terrain road courses...
17h ago from MotorsportWeek.c...
Alex Palou flies to the front in second IndyCar...
On Saturday morning, IndyCar headed back out on track to complete their...
22h ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Qualifying Results
The NTT IndyCar Series completed a knockout qualifying session at...
17h ago from MotorsportWeek.c...
Alex Palou adds a Mid Ohio pole position to his...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
2d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
3d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano reveals 'secret' Arsenal transfer...
Fabrizio Romano has lifted the lid on 'secret' talks that took place...
40m ago from CaughtOffside.com
Fabrizio Romano: Arsenal bid could come 'any moment'...
Arsenal could reportedly make a bid for Chelsea winger Noni Madueke at any...
20m ago from CaughtOffside.com
Sources: 'Rapid solution' expected for Gyokeres to...
Viktor Gyokeres now looks close to certain to finalise a transfer to...
1h ago from CaughtOffside.com
Arsenal finalising Viktor Gyokeres transfer...
Arsenal and Sporting Lisbon are reportedly now finalising transfer...
2h ago from CaughtOffside.com
Comments
Hottest News
FIA announce late demotion for F1 star at British Grand Prix
Things have just gone from bad to worse for one... Read More »
2h ago from GPFans.com
F1 News Today: FIA announce HUGE Silverstone penalty as...
The FIA have announced a huge penalty for one F1... Read More »
8h ago from GPFans.com
British GP Virtual Grid Walk: Max to conquer or Brits fight...
No description available... Read More »
1h ago from GrandPrix247.com
