Vijay Mallya loses lawsuit against 13 Indian banks in UK
Beeps By | May 09 2018

Liquor tycoon Vijay Mallya, who is wanted in India for several cases related to money laundering, lost a lawsuit filed by 13 Indian banks in the UK High Court seeking to collect from him more than $ 1.55 bn.  UK authority can now take legal steps to enforce the Indian judgment, including seizing and selling off Mallya’s assets in England and Wales.

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