Vijay Mallya: The Royal Fugitive of India

Vijay Mallya First Tycoon to be Declared Fugitive Economic Offender, Properties to be Confiscated

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With the UK government approving the extradition of liquor baron Vijay Mallya, the fugitive businessman is expected to be back in India in four-six months.

Once here, he cannot escape a jail term, which could stretch to as long as 18-24 months depending on the conviction in various cases against him, according to some of the top law firms.

 

 

 

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His financial dealings are being investigated by the Central Bureau of Investigation and the Enforcement Directorate.

Mallya was once known as the "King of Good Times" but dropped off India's most wealthy list in 2014, engulfed by Kingfisher Airlines' massive debts.

He has been living in a sprawling $15 million mansion in southeast England but has denied absconding.


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