Hello
Mallya, who remains in Britain despite Indian efforts to extradite him following the collapse of his defunct Kingfisher Airlines, said he was 'totally devastated at the loss of my best buddy of 45 years'.
Mallya is accused in a bank loan default matter of over Rs 9,000 crore involving his defunct Kingfisher Airlines.
The Cornwall Terrace property was described as a high class home for Dr Vijay Mallya and his family members and United Breweries Group corporate guests.
Mallya, Nirav Modi and Choksi have defrauded public sector banks by siphoning off the funds through their companies which resulted in total loss of Rs 22,585.83 crore to the banks.
The source added that Mallya's extradition is before India's foreign secretary as an important matter seeking immediate attention.
This is not the first time that a SBI branch has named and shamed education loan borrowers. In 2013, the Bodinayakanur branch of SBI in Theni district too had displayed photos of students and their parents for defaulting on their educational loans.
ED said the action was undertaken by French authorities "on the request of the Enforcement Directorate" and the property bears the address: 32 Avenue FOCH in France.
After a long wait. Netflix has released the investigative docuseries Bad Boy Billionaires after a legal battle that prevented the airing of the part on the Satyam Computers boss Ramalinga Raju.
Under the new Fugitive Economic Offenders Act, Mallya is the first accused in India to be booked. In 2019, a Mumbai court named Mallya as an offender under the Act, empowering probing agencies to seize his properties and assets the world over.
A CBI source related to the development said that after Mallya's extradition, they will take his custody first as they were the first agency to file a case against him.