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Mallya used IDBI loan to fund his F1 race team

Mallya used IDBI loan to fund his F1 race team

A 57-page complaint filed by Enforcement Directorate has reportedly alleged that the liquor baron Vijay Mallya had used the 900 crore IDBI Bank loan for Kingfisher airlines to fund his F1 race team - Force India. Notably, the ED claim comes a day after a UK Court took up India's request for the liquor baron's extradition.

By Praveen | Jun 15, 2017 10:15 AM #VijayMallya #IDBIBank #F1Race

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