Judge in India declares the Force India co-owner a ‘proclaimed offender’ after failing to appear in courtA New Delhi court on Thursday declared India’s flamboyant tycoon Vijay Mallya a “proclaimed offender” for failing to appear to answer allegations of money laundering by flouting foreign currency laws.The order paves the way for the government to take over Mallya’s businesses and real estate holdings. Continue reading…
Via: F1 tycoon Vijay Mallya's Indian assets could be seized after Delhi court ruling
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