Description:
(Entrepreneur, Politician)
Vijay Mallya is an Indian businessman and former politician. He lives in the UK and is currently facing several charges of financial crimes. Attempts are being made by the Indian government to convince the UK to extradite him. Known as the “King of Good Times,” Mallya is known for his extravagant lifestyle. He is the chairman of the ‘United Breweries Group’ and the former chairman of the largest spirits company in India, ‘United Spirits Ltd.’ During the most active years of his life, Mallya became the chairman of several companies, such as ‘Sanofi India’ and ‘Bayer CropScience.’ His career as an ace businessman turned turbulent in 2012, when he was accused of multiple financial frauds. In March 2016, he left India and moved to Britain, stating that he wanted to be close to his family. With several Indian banks moving the ‘Supreme Court’ and accusing him of money laundering, a legal case was filed against him. However, the British courts have been fairly lenient with him. Mallya has, of late, denied any possibilities of moving back to India and has claimed that all allegations against him are “fabricated.”
Birthday
December 18, 1955 (Sagittarius)
Born In
India
Alternative names
Vijay Vittal Mallya
Height
170 cm
City
Kolkata, India
Spouse/Ex-
Rekha Mallya (m. 1993), Sameera Tyabjee
Parents
Vittal Mallya
Lalitha Ramaiah
Children
Laila Mallya, Leanna Mallya, Siddharth Mallya, Tanya Mallya
What are the legal issues faced by Vijay Mallya?
Vijay Mallya is facing legal issues related to financial fraud, money laundering, and defaulting on bank loans. He is wanted in India for charges of fraud and money laundering amounting to billions of rupees.
Where is Vijay Mallya currently residing?
Vijay Mallya is currently residing in the United Kingdom. He has been fighting against extradition to India to face charges of financial irregularities.
What is the status of Vijay Mallya's extradition case?
Vijay Mallya's extradition case has been ongoing for several years. The UK courts have approved his extradition to India, but he has been appealing against the decision.
What is Vijay Mallya's involvement in the Indian aviation industry?
Vijay Mallya was the founder of Kingfisher Airlines, which was once a prominent player in the Indian aviation industry. However, the airline faced financial troubles and eventually shut down in 2012.
How did Vijay Mallya's businesses impact the Indian economy?
Vijay Mallya's businesses, such as Kingfisher Airlines and his liquor empire, had a significant impact on the Indian economy. The financial troubles faced by his companies resulted in losses for investors, employees, and creditors.
