SC gives Mallya 4-month jail for contempt, asks him to return $40m

The Supreme Court on Monday sentenced fugitive former liquor baron Vijay Mallya, holed up in London, to four months’ imprisonment and ordered him and his three US-based children to return $40 million, which was contemptuously siphoned out by Mallya, within four weeks with 8% interest.

from Times of India https://ift.tt/Tn4du2N
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