King Of Good Times Vijay Mallya Arrested In London, Released On Bail

Business tycoon Vijay Mallya arrested in London over a money laundering case. This is his second arrest in the UK

 Liquor baron Vijay Mallya, the man behind the celebrated Kingfisher Swimsuit Calendar was arrested in London over a money laundering case, for the second time since fleeing India. The man who moves around in Bollywood’s swish circles, was released on bail soon after his arrest at the Westminster Magistrates' Court.

vijay mallya with shilpa shetty

Vijay Mallya & Shilpa Shetty

Mallya is wanted in India for defaulting on loans worth Rs 9,000 Cr. He has been rejecting allegations by investigating agencies, that he diverted most of these funds borrowed from a State Bank of India-led consortium of lenders, as fabricated and baseless.

The 61-year-old has been staying in the United Kingdom for over a year now.

Image Source: yespunjab

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