Vijay Mallya arrested in London
10:47AM Tue 18 Apr, 2017
Mallya had left India in March 2016, days after a consortium of banks moved to hear a petition to recover dues of Rs9,081 crore loaned to Kingfisher Airlines.
London, April 18,2017: Vijay Mallya, India's liquor baron and former chairman of United Spirits, was on Tuesday arrested in London, according to CNN-News18.
Mallya left India on March 2, 2016 for London, days after a consortium of 17 banks moved the Debt Recovery Tribunal to hear a July 2013 petition to recover dues of Rs9,081 crore, including interest, that was loaned to his now defunct Kingfisher Airlines.
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