Indian government is ‘clutching at straws’ – says Indian beer tycoon

  The Indian government is ‘clutching at straws’ in its bid to extradite a beer tycoon on fraud and money laundering charges, a court heard. Vijay Mallya, 61, faces fraud charges in India after his airline collapsed with an estimated $1.3billion of debts. He fled to Britain in March 2016 after Kingfisher Airlines failed due to enormous unpaid loans, bills and wages five years ago, it is said. The flamboyant magnate defaulted on huge loans from the state run IDBI…

This Content is for Members only

Please register or login to access it

Register