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BJP slams Congress on Mallya issue

In an all-out attack against the Congress, the BJP on Thursday alleged that the previous UPA government had given a “sweet deal” to the beleaguered Kingfisher Airlines to keep it afloat and suggested that the airline was perhaps owned by the Gandhi family. UNion minister Piyush Goyal released a video …

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FM Jaitley rubbishes Mallya’s claims of meeting him

Terming Mallya’s offer to settle overdue loans of over Rs 9,000 crore to his now-defunct Kingfisher Airline as “bluff offers”, the minister said he did not even take the papers Mallya was carrying during that brief encounter. Jaitley’s comments came in response to Mallya, 62, who is fighting numerous lawsuits …

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London court grants bail to Vijay Mallya in extradition case

The next hearing in the extradition case is on September 12. Meanwhile, on Mallya’s plea, the UK court asked the Indian authorities to submit a video within three weeks of Mumbai’s Arthur Road Jail cell where they plan to keep Vijay Mallya post-extradition. The extradition hearing kicked off in December last and …

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ED files supplementary chargesheet against Vijay Mallya

The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act, naming the defunct Kingfisher Airlines, UBHL and Vijay Mallya under the new law. The Fugitive Economic Offenders Ordinance, 2018 aims to deter economic offenders from evading the law by remaining outside …

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London HC: Mallya assets can be seized in Britain

The high court judge, who upheld a worldwide freeze order and ruled in favour of 13 Indian state-owned banks to recover funds amounting to nearly 1.145 billion pounds in a judgment, took note of the fact that the 62-year-old businessman is contesting his extradition to India relating to “alleged financial …

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