I posted on 4 February ,2011 a List of People from holding account in Swiss Banks. Here is an update on the people who have stashed the black money in Swiss Banks,
Tag: Vijay Mallya
ICIJ which has done extensive research and unearthed 2.5 Millions Files on secret offshore dealings of Businessmen, politicians and others throughout the world, has divulged that Vijay Mallya, Liquor Baron, IPL Team Owner, who did not pay his Airways Pilots for want of money(!),Essar Group,Oswal, Satyam Computers, Visaka Group,Mama Mappillai of MRF, and Mumbai-based jewelers, Rashmi Kirtilal Mehta and his son Bhavin Mehta. As expected, all of them have refuted. The one to watch is Vivekanand Gaddam, a member of the ruling Congress Party. Gaddam is also vice-chairman of Visaka Industries, which produces about one-quarter of India's asbestos needs. Hardly a known public face, he might be fronting Congress top guns.
Kingfisher Airlines owned by the Liquor Baron Vijay Mallya is facing crisis after crisis,bills over due to the Oil Companies,cancellation of flights,huge out standings to its debtors both big and small, pilots leaving because of non-payment of salaries among other things. There was a suggestion from the Civil Aviation Minister that he will talk to banks to … Continue reading Bail Out for Mallya’s Kingfisher? Non Sense.
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