Vijay Mallya having a gala time in London cheering for RCB!

| Tuesday, May 31, 2016 - 13:13
First Published |
Vijay Mallya having a gala time in London cheering for RCB!

New Delhi: As the clamour to get him back on Indian soil gathers momentum, beleaguered business tycoon Vijay Mallya turned heads when a video posted by his son Siddharth Mallya surfaced where he is seen cheering for the Royal Challengers Bangalore.
Siddharth Mallya can be seen rooting for the IPL team with his father. He also talks about the Monaco GP and adds that they have had a great day watching sports.
The liquor baron had resigned from his position as a director of Royal Challengers Sports Private Limited (RCSPL), Chairman and Non-Executive Director of United Spirits Limited (USL) and Four Seasons Wines Limited with effect from February 25, 2016.
Vijay Mallya, the liquor baron, owes loans worth Rs 9400 crore to a consortium of 17 banks in India. Mallya had flown away to London on March 2. At least five law enforcement and judicial bodies in India-The Supreme Court, the Enforcement Directorate, service tax dept, income-tax dept and the Serious Fraud Investigation Office (SFIO) are behind him demanding his return in connection to the money laundering case. Kingfisher Airlines, once owned by him, has defaulted on bank loans of over Rs 7,000 crore. Incidentally, the banks had moved the Supreme Court to ensure he remains in India only after he left the country.
Moreover, the United Kingdom had early this month made it clear that the liquor baron cannot be deported and asked India to seek his extradition instead.


Download English News App and stay updated with all Latest News.
For News in English, follow us on Google+, Twitter and on Facebook.

Add new comment

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.