Vijay Mallya Was Guilty, Then Innocent. Why, Regulator SEBI Asks Diageo. | Read

PUBLISHED ON: March 12, 2016 | Duration: 1 min, 46 sec

  
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Till three months ago, tycoon Vijay Mallya appeared under no pressure to pay back nearly a billion dollars of loans accrued by his Kingfisher Airlines. Even after he was declared a "willful defaulter" by the State Bank of India, Mr Mallya held a blowout birthday party in December at his famous Goa villa, with about 200 guests, a fireworks display, and pop singer Enrique Iglesias as the headline act.
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