India court to disclose information of ‘fugitive’ Mallya’s assets to banks Vijay Mallya
Eastern Eye Staff
India’s top court said today details of embattled tycoon Vijay Mallya’s assets would be shared with the banks chasing him over $1.34 billion (£920 million) in unpaid loans, despite his protestations the information should be kept private. The Supreme Court said banks should be given details of Mallya’s overseas assets, as well as those of his wife and children, as India’s attorney general branded the absent entrepreneur a “fugitive from justice”. The 60-year-old liquor baron, who is being pursued by a group of mostly state-run lenders over loans made to his collapsed carrier Kingfisher Airlines, left India on March 2…
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