SC sentences Vijay Mallya to four months jail, asks him to deposit $40 mn
The Supreme Court on Monday sentenced fugitive industrialist Vijay Mallya to a four-month jail term with a fine, in a contempt of court case of 2017.
The court directed Mallya and his beneficiaries (family) to repay $40 million — which, in violation of a high court order, he transferred to his kin — with interest of 8 per cent within four weeks, or else recovery officers will take action and recover the amount.
