Free Press Journal
  • Bank officers’ union calls for naming and shaming defaulters

    Mumbai : The All India Bank Officers Confederation (AIBOC) has alleged that most financial scams take place due to loopholes in the system and called for publishing the names of defaulters of all banks.

  • Get back Nirav while returning from your trips: Rahul to PM

    Mendipathar : Taking a dig at Prime Minister Narendra Modi, Congress President Rahul Gandhi on Tuesday asked him to bring back absconding diamantaire Nirav Modi “when he returns from his foreign trips”.

  • The Nirav Modi, Lalit Modi, Vijay Mallya scams confirm THIS about India

    India is a country which, by many substantiated reports and studies is a poor, developing and emerging country. Almost 30% of the population still lives below poverty line and poor people can’t have meal two times a day. India has an atrocious record on various health indices. Isn’t it a shame that, even after 70 years of independence, we can’t provide basic amenities such as food, cloth, and shelter? India is still

  • CBI refuses to disclose expenses incurred to bring back Vijay Mallya, Lalit Modi

    New Delhi: The CBI has refused to share details of expenses incurred to bring back to India fugitive businessmen Lalit Modi and Vijay Mallya, claiming immunity from disclosures under the RTI Act. Pune-based activist Vihar Dhurve had approached the agency seeking details of expenses incurred by the government to bring back Mallya, wanted in India on charges of Rs 9,000-crore fraud and Modi, who is facing a money laundering probe.

  • Nirav Modi to Vijay Mallya: India’s economic offenders who are on the run

    Celebrity jeweller Nirav Modi left India just days before the CBI started investigating him in connection with a Rs 11, 300 cr Punjab National Bank scam. Nirav Modi, his family members and business partner Mehul Choksi are accused of getting billions in credit from banks overseas after using PNB officials in Mumbai to issue fraud guarantees.

  • Vijay Mallya to get 18,000 pounds weekly as expense allowance: UK court

    London: Vijay Mallya, the embattled liquor baron wanted in India on charges of fraud and money laundering, will get over 18,000 pounds weekly – a three-fold increase – as “ordinary living expenses allowance” following a recent UK High Court order. Mallya’s lawyers had applied to the court for additional living expenses as part of an estimated USD 1.5-billion worldwide freezing order against the 62-year-old businessman last year.

  • Vijay Mallya loses legal battle, Kingfisher to pay USD 90 million in claims

    London/Singapore: Embattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now- defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated USD 90 million in claims.

  • UK, Vijay Mallya, London, Fugitive tycoon, British Assets, family's lavish residences, Vijay Mallya on his assets

    Remove Vijay Mallya’s private jet from city airport: Bombay High Court

    Mumbai: The Bombay HC on Monday directed the Official Liquidator of Karnataka HC to ‘do something’ to remove the private aircraft owned by former liquor baron Vijay Mallya. The HC has asked the Liquidator to remove the aircraft, parked in one of the hangars at Mumbai airport, till February 26. The direction came from a division bench of Justice Satyaranjan Dharmadhikari and Justice Bharati Dangre while hearing a notice of motion moved

  • India moves ahead on extradition cases of Mallya, Chawla in UK

    London : The Indian government is set to move forward in two high-profile extradition cases in the UK courts, that of embattled liquor baron Vijay Mallya and alleged bookie Sanjeev Kumar Chawla. Mallya’s case, which was left inconclusive over the issue of admissibility of evidence presented by the Indian authorities at a hearing last week, will return to Westminster Magistrates’ Court here on January 22.

  • Flashback 2017: A quick recap of the year that was

    It is again that time of the year, when no matter how big or small you are, you want to reflect over the past year and think about things that went right and things that went wrong. Remember the rights and hope to keep repeating them in the year to come and to take the wrongs in the stride, evaluate them and make better decisions.
    The previous year was full of ups and downs like

  • Delhi Court to hear FERA violation case against Vijay Mallya on January 4

    New Delhi: A Delhi court will hear on January 4 the issue of whether to declare fugitive businessman Vijay Mallya a proclaimed offender (PO) for allegedly evading summonses in a FERA violation case. The matter could not be heard today by the court due to the absence of Chief Metropolitan Magistrate Deepak Shehrawat, who had initiated the process to declare him a PO after the Enforcement Directorate (ED) informed it that his presence could not be ensured.

  • ED fails to ensure Vijay Mallya’s presence, tells court about steps

    New Delhi: The Enforcement Directorate today told a Delhi court that despite its efforts, it could not ensure presence of fugitive businessman Vijay Mallya before it to face trial for allegedly evading summons in a FERA violation case. The agency informed Chief Metropolitan Magistrate Deepak Shehrawat about steps it had taken, including sending summons to Mallya’s office and residences and publishing notices in various newspapers about the notice seeking appearance in the matter.

  • 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.