Vijay Mallya declared bankrupt by UK court docket

NEW DELHI: Fugitive businessman Vijay Mallya was declared bankrupt by a UK court docket on Monday.
Mallya, who fled to the UK, is being probed by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) in reference to an alleged Rs 9,000 crore financial institution fraud linked to the operations of his now defunct Kingfisher Airways in India.
The 65-year-old liquor baron has misplaced his case in opposition to extradition to India and as he was denied permission to file enchantment within the UK Supreme Court docket, his extradition to India has develop into remaining, the ED had earlier stated.

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