Vijay Mallya is wanted back in India under charges of financial fraud. He defaulted on repayment of loans taken by the now-defunct Kingfisher Airlines from several Indian banks.
Tag: crime
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INR 3,600 crore recovered from Mallya so far, SBI-led banks’ consortium tells Supreme Court of India
The State Bank of India (SBI)-led consortium of banks has told the Supreme Court of India that around INR 3,600 crore had been recovered from fugitive businessman Vijay Mallya so far.