Hyderabad court issues 5 more non-bailable warrants against Vijay Mallya

Hyderabad: The business tycoon Vijay Mallya has fallen in trouble again when Hyderabad court have issued five more non-bailable warrants against him and former Chief Financial Officer of long-grounded carrier Kingfisher Airlines.
The banks have issued fresh warrants based on GMR group’s plea. The group complains that Mallya defaulted on payments and cheques issued by KFA bounced. The group had withdrawn a case on bounced cheques in 2012 after Kingfisher Airlines have promised to pay the money.
Hyderabad court issues five more non-bailable warrants against Vijay Mallya

Meanwhile, Mallya has completely denied that he has given any interview to the Sunday Guardian. The newspaper had earlier published an email interview of Mallya quoted him as having said that time was not “right” to return to the country.

“Shocked to see media statements that I gave an interview to Sunday Guardian without verification. I have not given any statement to anyone,” Mallya tweeted on Monday on his official Twitter page. Mallya is already in dues with over Rs 9,000 crore of long-grounded Kingfisher Airlines in unpaid loans and interest. the business man had left the country on March 2, triggering a political row with Congress and BJP trading charges.

LEAVE A REPLY

Please enter your comment!
Please enter your name here