Tag: Loan defaulting
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Vijay Mallya unlikely to extradited, as he applies for Asylum
If reports are to be believed fugitive businessman Vijay Mallya has sought asylum in the UK, and his extradition might be delayed. According to a report on CNBC-TV18, the liquor baron has applied for asylum on humanitarian grounds. Last week, there was media speculation about his deportation to India, after the businessman lost his appeal ... -
After much speculation, Vijay Mallya might not be brought back ‘anytime soon’
The much-awaited extradition of liquor baron Vijay Mallya to India might not happen “anytime soon,” according to a senior Enforcement Directorate (ED). Media went abuzz on 3 June carrying stories that Mallya, who now resides in the UK, will be brought back to Mumbai. One media outlet went ahead to report that the baron has ...