Liquor tycoon Mallya resigns from Indian parliament


Beleaguered Indian liquor tycoon Vijay Mallya on Monday resigned as a lawmaker, even as a committee was preparing to expel him from parliament over an unpaid billion dollar bank loan. The 60-year-old, a part-owner of the Force India Formula 1 team who used to run a liquor empire and Kingfisher Airlines, left India on March 2 despite calls for his arrest and is believed to be in Britain. “He has resigned from Rajya Sabha (upper house) of the Indian parliament,” confirmed Mallya’s spokesman. Last week the ethics committee from parliament’s upper house asked the embattled businessman to explain his conduct,…

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