Mallya Charged With Money Laundering In India

India’s financial crimes agency filed charges of money-laundering Wednesday against Vijay Mallya, accusing the flamboyant tycoon of siphoning off money from a loan to his now-defunct airline. The charges brought by the Enforcement Directorate against Mallya — once dubbed the “King of Good Times” for his lavish lifestyle — relate to a loan extended to … Read more

Mallya Charged With Money Laundering In India

India’s financial crimes agency filed charges of money-laundering Wednesday against Vijay Mallya, accusing the flamboyant tycoon of siphoning off money from a loan to his now-defunct airline. The charges brought by the Enforcement Directorate against Mallya — once dubbed the “King of Good Times” for his lavish lifestyle — relate to a loan extended to … Read more

Indian Tycoon Mallya Denies Charges At London Extradition Hearing

Indian tycoon Vijay Mallya on Tuesday insisted he was innocent as he appeared at a court in London over an extradition request from India, where he is accused of fraud. “I deny all allegations that have been made and I will continue to deny them,” the flamboyant financier, who co-owns Formula One team Force India, … Read more

Tycoon Mallya Spotted At Kohli’s Charity Dinner

Flamboyant business tycoon Vijay Mallya has been causing headaches for India’s cricketers on tour in England, showing up at a match and a red-carpet event while on bail over massive fraud charges. The indebted liquor baron — who fled India in 2016 owing more than $1.3 billion — raised eyebrows after being snapped at a … Read more

India’s Top Court Rules Tycoon Mallya Guilty of Contempt

Indian tycoon Vijay Mallya, once dubbed the “King of Good Times”, was found guilty of contempt by the country’s top court Tuesday after he was found to have sent his children millions of dollars. The indebted liquor baron, who co-owns a Formula One team and a cricket side, fled India in 2016 owing more than … Read more

Mallya Dreams Big As Force India Eye Top Three Finish

Vijay Mallya has promised Force India will “dream big” as they look to break into the top three of Formula One this season. The flamboyant businessman, now based in Britain, remains the co-owner of Force India despite an extradition request from Indian authorities to face trial on charges of financial fraud and defaulting on loans … Read more