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Mallya: They want to hang me on the holy cross
Embattled Indian tycoon and Force India owner Vijay Mallya said on Sunday he will comply fully with court enforcement officers seeking to seize his British assets, but there was not much for them to take as his family’s lavish residences were not in his name. India wants to extradite the 62-year-old former liquor baron from Britain to face charges of fraud as a group of Indian banks seek to recover more than $1 billion (752.45 million pounds) of loans granted to his defunct Kingfisher Airlines. A verdict is expected by early September, with July 31 the final date for closing oral submissions and appeals likely whatever the outcome. Speaking to Reuters at the British Grand Prix, where he...
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7y ago from GrandPrix247.com
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