Friday, April 15, 2016

Vijay Mallya's Diplomatic Passport Suspended For 4 Weeks

India has suspended the passport of billionaire Vijay Mallya, who is in the UK at a time when banks are struggling to recover nearly a billion dollars owed by his Kingfisher Airlines.

Mr Mallya, 60, has defied several requests asking him to return to Mumbai for interrogation. His lawyers have said that he is making himself available in video-conferences to banks, and therefore, his presence in India is not necessary.

In repeated tweets, Mr Mallya, who is a Rajya Sabha MP, has said he is not an absconder. As a parliamentarian, he has a diplomatic passport, which is suspended for a month, said the government today. He has been given a week to explain why it should not be revoked.

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