"The King of Good Times", Industrialist Vijay Mallya who was accused of Rs.9,000 crore default of loans from Indian banks has been enjoying his stay in London. As per reports its coming out that Mallya is living at a $15 million mansion in England's Hertfordshire county.
Mallaya bought the mansion from the father of Lewis Hamilton, the Formula One champion, by a company with offshore links. Mallya also reportedly appears on the electoral rolls in Britain with his country home in Hertfordshire as his recorded address.
The industrialist is facing a probe over his now defunct Kingfisher Airlines, separately by the ED and CBI. He has allegedly defaulted on loans worth Rs 7,000 crore from 17 public sector Indian banks.The Kingfisher currently owes around Rs.9,200 crore to the banks.Its known that Ministry of External Affairs (MEA) has revoked the passport of Vijay Mallya. He may deported from UK anytime.
Mallaya bought the mansion from the father of Lewis Hamilton, the Formula One champion, by a company with offshore links. Mallya also reportedly appears on the electoral rolls in Britain with his country home in Hertfordshire as his recorded address.
The industrialist is facing a probe over his now defunct Kingfisher Airlines, separately by the ED and CBI. He has allegedly defaulted on loans worth Rs 7,000 crore from 17 public sector Indian banks.The Kingfisher currently owes around Rs.9,200 crore to the banks.Its known that Ministry of External Affairs (MEA) has revoked the passport of Vijay Mallya. He may deported from UK anytime.