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 Mallya has filed a counter-affidavit saying that he has no control over the "$39,999,994 million" paid to him by the British liquor major Diageo Plc. He said that in Februa...

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