Accused of money laundering in India famous liquor baron Vijay Mallya arrest warrant has been removed. His prized home ownership in the UK has revealed. 'King of GoodTimes' Vijay Mallya, known as the name of the electoral list of the UK. It is also mentioned that in their houses and permanent address.
Mallya has left the country without paying the debt
In India, nearly a billion pounds of 60-year debt were to leave the country without paying Mallya Enforcement Directorate (ED) is under investigation. Mallya and his Kingfisher Airlines closed at Rs 9,400 crore loans to payback charge. However, Mallya has denied the allegations.
Indian authorities said about shopping
He is currently living in a UK Tinmnjile palace which is known to Ledivok. The castle is just an hour away from London, Hertfordshire twin village. Mallya confirmed that the last day of his official address is in the UK Ledivok. He also said that this information was given to the Indian authorities.
Mallya said he legally purchased the castle
Mallya said the ownership of Ledivok is perfectly legal. UK companies with foreign contacts are being used to buy the property and in such cases have come under scrutiny. It does not come true owner or beneficiary's name and sometimes with the aim of tax evasion remains hidden.
Mallya confirmed the property of neighbors
Mallya said the two neighbors in the UK on Friday, the thirty-acre palace of last summer are coming at irregular Mallya. The company, 11.5 million pounds of their foreign contacts, the palace of the British Formula One champion Lewis Hamilton's father Anthony Hamilton was purchased.
The castle was purchased in partnership
According to land registry records of the two partners in this palace is the Limited Liability Partnership. Anthony Hamilton, according to documents in 2008, the castle and the land was bought by three million pounds. It sold 11.5 million pounds last year, making it reasonably. Meanwhile, he had built a swimming pool and even new Outhouse.
Tax haven countries, shopping links
His addition to the house is owned by a company called Continental Administration Service. The company is registered in the Commonwealth country in the Caribbean region. Tax Haven is one of the countries. In July last year for the purchase of the castle Admond Rothchaild Swiss private bank loan has been purchased. The name of the company, is investing Ledivok documents Lome. Another company in the British Virgin Islands Tax Haven country remains.
British citizens from 1992 Mallya
Mallya has revealed that he is a British citizen by 1992. No tax evasion or illegal activity in their purchases is not included. Involved in buying property in the UK, where the company is being investigated. Agve month's Anti-Corruption Summit, David Cameron will demand greater transparency in future purchases.