News Details
Ex-Force India owner Mallya sentenced to jail
Vijay Mallya, former owner of the Force India Formula 1 team, has been sentenced to jail in India for disobeying a court order. A report by BBC News states that on Monday, India's Supreme Court found Mallya guilty of contempt, which allegedly relates to a failure 'to disclose his assets after defaulting on a loan'. The report links this to the Kingfisher Airlines brand which Mallya owned before it closed in 2012. Mallya moved from India to London in 2016 – he denied fleeing the country – following a failure to pay debts which totalled in excess of £840million. Previously, India has attempted to extradite Mallya so he could face charges, including fraud, in his native country...
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3y ago from PlanetF1.com
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