India’s liquor baron Vijay Mallya has been in a good few controversies in the recent past, and being declared as a wilful defaulter by Punjab National Bank and United Bank of India might just be one of them.
Not only an arrest, SBI also wants his passport to be impounded and a complete disclosure of his personal assets. The move has come after Mallya struck a $75-million deal with Diageo to exit United Spirits and relocate to the UK.
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