Tuesday, April 18, 2017

#F1 Force India Boss Vijay Mallya arrested in the UK over fraud allegations

FRAUD ARREST Indian tycoon Vijay Mallya has been arrested in the UK over fraud allegations in his home country.

Mallya, 61, co-owner of the Force India Formula One team, faces fraud charges linked to the collapse of his airline, Kingfisher.

At a preliminary hearing, Mallya was granted conditional bail and the case was adjourned until May 17.

Source: DAILY BRIEFING: Indian tycoon Vijay Mallya arrested | Daily Mail Online


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