Free Press Journal
  • Vijay Mallya assets freeze order in UK courts until April 2018

    London: Embattled liquor tycoon Vijay Mallya, who is undergoing an extradition trial in a UK court over Rs 9,000-crore fraud and money laundering charges, will be dealing with a parallel litigation around an estimated USD 1.5 billion worldwide freeze order on his assets well into 2018.

  • Vijay Mallya extradition hearing: Role of CBI under scanner

    London: The fourth day of the defence arguments in the efforts of the Government of India to extradite liquor baron Vijay Mallya from the UK was marked by questions over the role of the Central Bureau of Investigation (CBI) and its special director, Rakesh Asthana, as well as the Enforcement Directorate, by a London-based political economist. Professor Lawrence Saez, an expert defence witness, was brought in to reaffirm Mallya’s long-standing contention that

  • Gautam Singhania replaces Vijay Mallya in FIA

    Paris : FMSCI nominee Gautam Singhania was on Friday elected to the FIA World Motor Sports Council (WMSC) during the world motorsport body’s Annual General Assembly here, replacing Vijay Mallya to be India’s top representative on the powerful panel.

  • Very strong case of fraud against Vijay Mallya in extradition case: Government source

    New Delhi: A central government source on Wednesday said there was a “very strong prima facie case of fraud in terms of Fraud Act 2006 of UK” against liquor baron Vijay Mallya. This reply comes in the wake of number of press reports suggesting that there was no evidence to support ‘case of fraud’ presented by the Union Government against Mallya in the extradition case.

  • No evidence to support case of fraud against Vijay Mallya: Defence

    London: Vijay Mallya’s defence team today argued that there was no evidence to support the case of fraud presented against him by the government of India as the liquor baron returned to court here on day two of his extradition trial.

  • Vijay Mallya has case of fraud to answer, UK court told

    London: The extradition trial of Vijay Mallya, wanted in India on charges of Rs 9,000 crores fraud and money laundering, today began at a UK court here, with the prosecution asserting that the embattled liquor baron had a “case of fraud” to answer.

  • Vijay Mallya’s extradition trial to begin in London today

    London: A team of Central Bureau of Investigation (CBI) officers from India will be attending the extradition trial of embattled businessman Vijay Mallya, which begins later today. The trial will continue on 5th, 6th, 7th, 11th, 12th, 13th and 14th of December.

  • CBI team to attend Mallya’s extradition trial in London

    New Delhi : A team of CBI officers will attend the extradition trial of industrialist Vijay Mallya, who is facing a probe by the agency into alleged loan defaults of over Rs 9,000 crore, in a London court from Monday.

  • Never misused my position like Mallya: Robert Vadra

    New Delhi: Congress chief Sonia Gandhi’s son-in-law Robert Vadra on Tuesday cried foul after liquor baron Vijay Mallya drew parallels citing both of them were victims of political vendetta.

  • Vijay Mallya Extradition: Trial begins on December 4, Mallya fears for his life if he returns to India

    London: The extradition trial of Vijay Mallya, who is wanted in India for loan defaults amounting to nearly Rs 9,000 crore, will begin on December 4 and last for ten days. While appearing for the hearing, Mallya voiced fears that his life will be in danger if he returns to India. The remarks are seen to be an excuse to scuttle his extradition from the country. This will be the thrust of the

  • Paradise Papers: Multi-agency probe ordered into offshore links of super rich in secret tax havens

    Mumbai: The Government on Monday announced an investigation into the alleged shady financial holdings abroad of super rich Indians, including actor Amitabh Bachchan, liquor baron Vijay Mallya and Minister of State for Civil Aviation Jayant Sinha – some of the names that appear in an exposé called Paradise Papers, as revealed by the Indian Express.

  • Paradise Papers: Sebi lens on firms for fund diversion

    New Delhi : Markets regulator Sebi will look into alleged fund diversion and corporate governance lapses at various listed firms and their promoters, including those linked to Vijay Mallya, named in the leaked ‘Paradise Papers’. While some entities linked to Mallya are already being probed by Sebi and other agencies, any fresh disclosure in the leaked documents made public by ICIJ (International Consortium of Investigative Journalists) would be thoroughly looked into, senior

  • Kingfisher probe: Officials, directors under govt radar

    Mumbai : The role of bank executives, directors and government officials has come under the scanner for alleged violations at the now-defunct Kingfisher Airlines as multi-agency probes against fugitive liquor baron Vijay Mallya gather steam, regulatory and banking sources said. With the Serious Fraud Investigation Office (SFIO) submitting a detailed report on the misdoings at Kingfisher Airlines, which went belly up in 2012, the government, regulators and banks are set to initiate