lunes, 6 de noviembre de 2017

Paradise Papers throw more questions for Vijay Mallya: How did Diageo waive $1.5-billion debt? | The Indian Express

Paradise Papers throw more questions for Vijay Mallya: How did Diageo waive $1.5-billion debt? | The Indian Express



Paradise Papers throw more questions for Vijay Mallya: How did Diageo waive $1.5-billion debt?

Paradise Papers investigated by The Indian Express show that after he sold his United Spirits Limited India (USL) to the Diageo group in 2013, Diageo approached a London-based law firm Linklaters LLP to undertake a massive restructuring exercise to simplify the complex group structure created by Mallya.

Written by Sandeep Singh | New Delhi | Updated: November 6, 2017 11:41 am
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Vijay Mallya’s spokesperson declined to comment

WANTED IN India for debt default and alleged financial irregularities as detailed in the recent Serious Frauds Office report, Vijay Mallya may have some more explaining to do. Paradise Papers investigated by The Indian Express show that after he sold his United Spirits Limited India (USL) to the Diageo group in 2013, Diageo approached a London-based law firm Linklaters LLP to undertake a massive restructuring exercise to simplify the complex group structure created by Mallya.

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