Vijay mallya news
Here are some recent news updates on Vijay Mallya:
Latest News:
- Vijay Mallya's extradition to India has been delayed again due to the COVID-19 pandemic. The UK's High Court has adjourned the hearing until October 2021. (Source: The Hindu)
- Mallya's lawyers have argued that he is not a "fugitive" and that he has been cooperating with Indian authorities. (Source: Business Standard)
- The Enforcement Directorate (ED) has attached assets worth Rs 1,400 crore belonging to Mallya and his companies. (Source: The Economic Times)
Recent Developments:
- In March 2020, the UK's High Court ruled that Mallya could be extradited to India to face charges of fraud and money laundering. (Source: BBC News)
- In February 2020, Mallya's lawyers argued that he was not a "fugitive" and that he had been living in the UK since 2016 due to a valid visa. (Source: The Times of India)
- In January 2020, the ED attached assets worth Rs 1,100 crore belonging to Mallya and his companies. (Source: The Hindu)
Background:
- Vijay Mallya is a Indian businessman and former chairman of the Kingfisher Airlines. He is accused of defaulting on loans worth over Rs 9,000 crore to various banks.
- In 2016, Mallya fled India and took refuge in the UK, where he has been living ever since.
- In 2017, the ED filed a chargesheet against Mallya and his companies, alleging that they had committed fraud and money laundering.
- In 2018, the UK's Westminster Magistrates' Court ruled that Mallya could be extradited to India to face charges.
Other News:
- In 2020, Mallya's lawyers argued that he was not a "fugitive" and that he had been cooperating with Indian authorities. (Source: Business Standard)
- In 2019, the ED attached assets worth Rs 1,000 crore belonging to Mallya and his companies. (Source: The Economic Times)
- In 2018, Mallya's lawyers argued that he was not a "fugitive" and that he had been living in the UK since 2016 due to a valid visa. (Source: The Times of India)
Please note that the news articles and updates may be subject to change and may not be up-to-date.