Vijay Mallya's Scam Case
Vijay Mallya's Scam Case Vijay Vittal Mallya is an Indian businessman and former Member of Parliament. He is the subject of an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes in India. Mallya is a former owner of the Royal Challengers Bangalore cricket team. In 1983, after the death of his father. Under his leadership, UB Group becomes world’s second largest liquor maker selling 55 million cases, after Diago, a British liquor giant, who sold 91 million cases in 2005. Vijay Mallya had grown his father’s business empire into a conglomerate with revenue of $2.1 billion. WHAT IS VIJAY MALLAY’S SCAM In 2005, Vijay Mallya entered into Airlines Industry and introduced KINGFISHER AIRLINES. Very soon Kingfisher Airlines becomes the first choice of business class people and it acquired more than 22% Domestic Market Share. Vijay Mallya wants to expand his airlines business by flying Kingfisher on...