'We both have been wronged': Vijay Mallya responds to Lalit Modi's birthday wish

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Times of India 1d ago

'We both have been wronged': Vijay Mallya responds to Lalit Modi's birthday wish - Times of India

Quick Summary:

India Business News: NEW DELHI: Fugitive businessman Vijay Mallya and founder of Indian Premier League (IPL) Lalit Modi on Thursday exchanged pleasantries, with extending .

Mallya, accused of fraud and money laundering, owes Indian banks approximately Rs 9,000 crore.

In 2011, the ED issued show-cause notices to Modi and the BCCI under FEMA for allegedly transferring Rs 243.45 crore to Cricket South Africa without RBI approval ahead of the 2009 IPL, according to ANI.