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UB Group Denies Kingfisher Airlines Loans Funded Offshore Property - NDTV
18 April, 2016 11:36 AM
NDTV | UB Group Denies Kingfisher Airlines Loans Funded Offshore Property NDTV 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 ... Mallya may be facing heat over loan defaults, but still gets Rs 1.7 cr pay package from US firm Lessons from the Mallya case Mallya's group denies he diverted Rs 430 crore loan money |