India suspends Mallya's diplomatic passport for four weeks
Mumbai
INDIA has suspended for four weeks a diplomatic passport issued to embattled tycoon Vijay Mallya, who left the country last month, after creditor banks of his defunct Kingfisher Airlines stepped up pressure to recover about US$1.4 billion in debt.
India's foreign ministry has given Mr Mallya, a liquor baron who is also a member of the Upper House of Parliament, a week to say why his passport should not be impounded or revoked, the ministry's spokesman, Vikas Swarup, said on Friday.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
The returnees: Inside China’s AI talent reversal