Kingfisher Deal: Indian Banks Against Bank Of Rothschild

Sometime back a consortium of 17 banks led by State Bank of India went to the Supreme Court to issue arrest warrant against Vijay Mallya. In the written affidavit they said that Mallya had not disclosed his bank account with the Rothschild Bank, Geneva. The banks had accused Mr. Mallya of “deliberate” concealment. Now, Vijay […]

What Has A Secret Account In Rothschild Bank To Do With The Kingfisher Deal?

Few months back we reported how a business baron who owed banks thousands of crores of rupees could leave the country as a defaulter in spite of court proceedings under way, a consortium of 17 banks asking for his passport to be impounded, and former Kingfisher employees demanding their salaries pending for months? More importantly, […]