• Thursday, August 11, 2022

Business

India opposition leader seeks finance minister’s resignation over Mallya case

Arun Jaitley

By: Sarwar Alam

The leader of India’s opposition Congress Party has called for the resignation of finance minister Arun Jaitley over what he termed an act of “collusion” in the case of Indian tycoon Vijay Mallya – an accusation Jaitley denies. India wants to extradite the 62-year-old businessman from Britain to face criminal action relating to loans taken out by his defunct Kingfisher Airlines, and Indian authorities want to recover about $1.4 billion they say Kingfisher owes. Mallya told media outside a London court where his case was being heard on Wednesday that he had met Jaitley to settle matters before he left…

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