Vijay Mallya: More Bad News
There seems to be no end to Vijay Mallya's woes.
Krishna Gopalan
- Feb 11, 2022,
- Updated Feb 11, 2022 6:52 PM IST
There seems to be no end to Vijay Mallya's woes. Once India's liquor baron, a foray into aviation landed him in a mountain of debt. At each step, he has let go of assets. With Mallya now defaulting on a £20.4-million loan to UBS, his home in London overlooking Regent's Park might go out of his grasp. Good news seems to be eluding the erstwhile king of good times.
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There seems to be no end to Vijay Mallya's woes. Once India's liquor baron, a foray into aviation landed him in a mountain of debt. At each step, he has let go of assets. With Mallya now defaulting on a £20.4-million loan to UBS, his home in London overlooking Regent's Park might go out of his grasp. Good news seems to be eluding the erstwhile king of good times.
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