Tag: Mallya Debt To Banks Mallya Escapes To London After Loan Default

Vijay-Mallya
ED probe reveals Mallya sent money from loans outside India

New Delhi: Absconding liquor baron Vijay Mallya had no intention of paying back loans of over Rs 5,500 crore to a consortium of banks even though creditors agreed to restructure debt for his Kingfisher Airlines Ltd (KAL) offering a lifeline to the now defunct airline. Investigations into the financial mess at KAL undertaken by the […]

  • Tuesday, 04 May 2021
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