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Indian tycoon Vijay Mallya has case to answer on fraud, UK court hears

Reuters  |  LONDON 

By Michael HoldenLONDON (Reuters) - Indian liquor and aviation tycoon Vijay Mallya has a case to answer over fraud allegations, a London Court heard on Monday at the start of a two-week hearing to determine whether the flamboyant businessman should be extradited to India.The co-owner of the Formula One motor racing team Force India, Mallya, 61, is wanted in his home country over a series of loans tied his defunct Kingfisher Airlines. He has denied all wrongdoing."We will see the representations that are alleged by the government give rise to a case to answer of fraud," Mark Summers, the ...

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First Published: Mon, December 04 2017. 20:19 IST