Beer king Vijay Mallya may have to curb his $24,000-a-week life

The banks are seeking to seize about 258,000 pounds held in Mallya’s ICICI Bank UK Plc account. They have accused Mallya of willfully defaulting on debts of Kingfisher Airlines, which was founded in 2005 and folded in 2012. The UK resident is fighting his extradition to India to face criminal fraud charges.

from Hindustan Times - india https://ift.tt/2UnYoEA