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Former F1 team owner sentenced to jail
Jul.13 Former Force India team owner and boss Vijay Mallya has been sentenced to four months in jail. It is the outcome of the Indian billionaire's long-running dispute with his country's authorities, with the Supreme Court handing down the jail term in connection with the collapse of Kingfisher Airlines. The next step for India is managing to extradite Mallya, 66, from the UK. 'He has so far avoided it,' a legal source told the Financial Times. 'He has fought very hard.' In other legal news, former F1 supremo Bernie Ecclestone will face London's Westminster Magistrates Court on August 22. He is charged with fraud over some $500 million in undeclared overseas assets. 'This follows a...
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3y ago from OneStopStrategy.com
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