Why UK is the preferred refuge of Indian scamsters
NEW DELHI: It’s not just the Modis — Nirav and Lalit — and the Mallyas of India who have sought refuge in the Queen’s land, aka the United Kingdom. Over 5,500 people from India have sought political asylum in Britain since 2013, not all of them criminals though. So why do Indians make a […]
UK rejects two Indian extradition requests
LONDON: A British court currently hearing the extradition case of embattled liquor baron Vijay Mallya has rejected two extradition requests by the Indian authorities in recent weeks. Judges at Westminster Magistrates’ Court in London ruled in favour of UK-based alleged bookie Sanjeev Kumar Chawla on October 16 and also discharged a fraud case against a British Indian couple, Jatinder […]
Mallya’s passport revoked, but why bringing him back may not be easy
The foreign ministry may have revoked liquor baron Vijay Mallya’s passport on Enforcement Directorate’s (ED’s) request, but officials say a long legal battle stands in the way of bringing the businessman back to India. Mallya, known for his flashy lifestyle, left the country on March 2 after calls for his arrest and is believed to be in […]
MEA suspends Vijay Mallya’s passport on advice of Enforcement Directorate
NEW DELHI: The external affairs ministry has suspended loans defaulter Vijay Mallya’s passport on the advice of the Enforcement Directorate (ED). The ED had asked that the liquor baron’s passport be revoked for non-cooperation with investigators, after he failed to present himself before the agency that has summoned him three times. Mallya was supposed to […]
VIJAY MALLYA: THE TYCOON WHO GAVE BIG BUSINESS A BAD NAME
Mallya’s crime was that he let down everyone—his shareholders, employees, lenders and all those who champion free markets The UB Group is done for. In his lifetime, Vijay Mallya inherited it, and as Mint put it memorably in an earlier piece, “made it bigger, had fun, lost an empire, and walked away into the sunset (almost)”. In this […]
Vijay Mallya resigns as United Spirits chairman; to pocket Rs 515 cr from Diageo
NEW DELHI: In a sweetheart deal, flamboyant businessman Vijay Mallya today quit as Chairman of United Spirits after its new majority owner Diageo agreed to pay Rs 515 crore and absolve him of all liabilities over alleged financial lapses at the company founded by his family. Mallya, who along with his group firms is fighting […]