Vijay Mallya loses $1.55 billion lawsuit against 13 Indian banks in UK High Court

DNA Tuesday, 8 May 2018 ()
Embattled liquor tycoon Vijay Mallya, undergoing an extradition trial in a UK court over fraud and money laundering charges by Indian authorities, today lost a lawsuit filed by 13 Indian banks in the UK High Court seeking to collect from him more than USD 1.55 billion.
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