Mallya again accused of violating Supreme Court's order
Mallya again accused of violating Supreme Court's order
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The Supreme Court of India continues to cross question Mr. Vijay Mallya, the Indian Business Tycoon. The Liquor king of India received a sum of $40 million dollars when he stepped down as chairman of Diageo-controlled United Spirits, Mr. Mallya got $40 million and the rest of $35 million was supposed to be paid over five years.  A debt tribunal however has halted the remainder of the payment to Mr. Mallya.

A report from one of the bank of which Mallya holds debt, informed the Supreme Court that as chairman of Diageo-controlled United Spirits, Mr. Mallya got $40 million and the rest was supposed to be paid over five years.  A debt tribunal however has halted the remainder of the payment to Mr. Mallya. 

The court became angry as Mallya was supposed to reveal each and every asset of his to justice, but he violated the rule.

Mallya currently in under the Debt of Rs 9000 Crore for his KingFisher Airline.

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