UB Group Denies Kingfisher Airlines Loans Funded Offshore Property - NDTV
18 April, 2016 11:36 AM
UB Group Denies Kingfisher Airlines Loans Funded Offshore Property
Mumbai: Embattled tycoon Vijay Mallya's UB Group has denied allegations that it used Rs. 430 crore ($65 million) of bank loans to now-defunct Kingfisher Airlines to buy property overseas. Mr Mallya, a liquor baron and lawmaker, has been at an unknown ...
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Lessons from the Mallya case
Mallya's group denies he diverted Rs 430 crore loan money