News Details
The beginning of the end for Vijay Mallya?
Eccentric Indian entrepreneur Vijay Mallya is currently facing an arrest warrant issued by a Mumbai court. 60-year-old Mallya, whose Kingfisher Airlines folded in 2012, is believed to be living in London. India's Enforcement Directorate for financial crimes stated on Monday that the court had granted its request for a warrant to seek Mallya. He is to be questioned over a claim that a 120,000 ($135,000) loan from the IDBI bank was actually invested in properties overseas. Vijay Mallya's UB group, Kingfisher Airline's owners claimed the warrant was 'unjustified,' adding that it would give complete details in the coming days to account for foreign exchange remittances. Just last week India...
Full Story »
Full Story »
You May Also Be Interested In...
Non-bailable arrest warrant issued for Force India...
Non-bailable arrest warrant issued for Force India boss Vijay Mallya...
9y ago from ThisIsF1.com
Indian government suspends Mallya's passport
India's government has announced it had temporarily suspended the...
9y ago from GrandPrix247.com
Indian crime agency wants Mallya's passport be revoked
India's financial crimes agency revealed it has asked the government to...
9y ago from GrandPrix247.com
Troubled Mallya will be absent in China
Beleaguered businessman Vijay Mallya looks set to sit out yet another...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang shakedown test: Schedule, riders and how...
No description available...
2h ago from Motorsport.com
Why KTM thinks it "hasn't done enough yet"...
No description available...
3h ago from Motorsport.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
6h ago from Motorsport.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
1d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
1d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
5d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
21h ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
2d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
2d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Change it around for FC Kairat + Arteta's press...
Morning. We play our final league stage game of the Champions League this...
8h ago from Arseblog.com
Sources: Euro giants target move for summer signing...
Ajax have launched a major winter operation to add leadership, experience,...
8h ago from CaughtOffside.com
Arsenal, Man United and Chelsea lock horns for...
Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
18h ago from CaughtOffside.com
Gabriel refusing to shake Maguire's hand sparks aggro...
Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
20h ago from SkySports.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 3
The third day of on-track action for F1 in 2026... Read More »
7h ago from RacingNews365.com
2026 F1 Barcelona Pre-Season Test - Day 3 Morning Results
Check out the results from the morning session at... Read More »
2h ago from RacingNews365.com
F1 Test: McLaren hits track, Red Bull bides time, Alpine...
Lando Norris has hit the track for the first... Read More »
2h ago from MotorsportWeek.com
