The Supreme Court on Thursday reportedly asked liquor baron Vijay Mallya’s counsel whether Mallya had truthfully disclosed his assets, after a consortium of banks alleged that Mallya transferred USD 40 million to his three children in violation of Karnataka High Court order. Moreover, Attorney General Mukul Rohatgi alleged that the fact that USD 40 million was received by Mallya from a United Kingdom-based company Diageo PLC was not disclosed before the court.

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