Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Vijay Mallya escapes bankruptcy. That video is uploaded by The National News at 2020-04-10T08:25:02-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [GgHEF2hXB-Q]
| Name | Vijay Mallya escapes bankruptcy |
| Video Uploader | Video From The National News |
| Upload Date | This Video Uploaded At 10-04-2020 15:25:02 |
| Video Discription | Blessed with sun and ocean views, the luxurious estate with a private nightclub on the historic Mediterranean island of Île Sainte-Marguerite needed an owner with deep-pockets and a passion for partying. Enter the Indian tycoon Vijay Mallya. The self-styled King of Good Times was flying high when a company linked to the tycoon bought the island paradise in 2008 just a short hop from its private helipad to Cannes in the French Riviera. His airline, brewing empire and newly-acquired Formula One racing team were all apparently in rude health. But 12 years later, as he fights extradition to India for fraud and money laundering, the story of his high-class bolthole has shed light on his crumbling financial empire - and the desperate efforts of creditors to get back their money. It emerged this week that Mr Mallya has staved off the immediate threat of bankruptcy after being pursued by 12 Indian state-owned banks for the return of £1.05 billion. GgHEF2hXB-Q |
| Category | News & Politics |
| Tags | assets | bankruptcy | court | court case | debt | f1 | formula one | loan | repayment | vijay mallya |
