Diabytes
Mallya loan default News
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The 62-year-old was back in the dock at Westminster Magistrates' Court in London as his defence team sought to argue against the admissibility of much of the evidence presented by the Indian government.
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The Indian government through CPS has been contending in the court that liquor baron had misled banks back home with regard to his company`s net worth.
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Mallya, who has been out on bail since Scotland Yard executed an extradition warrant in April this year, will be in the dock for the duration of the trial scheduled to end on December 14.
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This is a case were IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.
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Absconding liquor baron Vijay Mallya on Friday tweeted that the media is happily being used as the pitch and he is the Football.
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Newer claims have emerged about absconding liquor baron Vijay Mallya receiving undue favours from the Manmohan Singh-led UPA government .
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In a damage control exercise, beleaguered industrialist Vijay Mallya on Sunday blamed media for spoiling his reputation and sought to clarify why his dream airline Kingfisher failed
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