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Mallya hit with arrest warrant

Force India boss Vijay Mallya is hit with an arrest warrant
Vijay Mallya, the boss of the Sahara Force India team, has been hit with an arrest warrant by a court in his native India according to media reports.

According to the AFP agency, the warrant has been issued over a series of cheques that were handed to the operator of Hyderabad International Airport, which then bounced, by Mallya;s airline Kingfisher.

The cheques, totalling more than £1.2 million, were to settle user fees at the airport, with the fact they then bounced meaning the operators have now taken action.

"The cases were listed today for the airline to appear in the court," a spokesman for the complainant in the case, airport operator GHIAL, told AFP. "Since they failed to appear before the magistrate, the court has ordered issuance of NBW (non-bailable warrants) against Kingfisher Airlines (KFA), Vijay Mallya and four other KFA officials."

Kingfisher is currently seeking a buyer with staff having gone unpaid for a number of months.



Related Pictures

Click on relevant pic to enlarge
09.09.2012- Vijay Mallya (IND), Chairman and Managine Director Force India
07.07.2012- Qualifying, Vijay Mallya (IND), Chairman and Managine Director Force India
24.05.2012- Vijay Mallya (IND), Chairman and Managine Director Force India
25.06.2017 - Race, Esteban Ocon (FRA) Sahara Force India F1 VJM10 and Felipe Massa (BRA) Williams FW40
25.06.2017 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM010 and Sebastian Vettel (GER) Scuderia Ferrari SF70H
25.06.2017 - Race, Esteban Ocon (FRA) Sahara Force India F1 VJM10
25.06.2017 - Race, Kimi Raikkonen (FIN) Scuderia Ferrari SF70H leads Felipe Massa (BRA) Williams FW40 and Esteban Ocon (FRA) Sahara Force India F1 VJM10
25.06.2017 - Race, Max Verstappen (NED) Red Bull Racing RB13 and Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Max Verstappen (NED) Red Bull Racing RB13 and Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Max Verstappen (NED) Red Bull Racing RB13 and Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Felipe Massa (BRA) Williams FW40 leads Esteban Ocon (FRA) Sahara Force India F1 VJM10
25.06.2017 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM010 leads Max Verstappen (NED) Red Bull Racing RB13
25.06.2017 - Race, Sebastian Vettel (GER) Scuderia Ferrari SF70H leads Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Valtteri Bottas (FIN) Mercedes AMG F1 W08 leads Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM010 leads Stoffel Vandoorne (BEL) McLaren MCL32
25.06.2017 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM010
25.06.2017 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM010

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Taz

October 12, 2012 4:15 PM

He sold of 50% of the team and his investment in the team will be separate from his Kingfisher business (I hope) so maybe it's the end of his involvement in F1 but hopefully it wouldn't affect the teams existence, besides he'll have money hidden away from the bad businesses. Spare a thought for the amount of staff who haven't been paid for ages despite doing their jobs, been there in the past and it truly sucks.

Bobl - Unregistered

October 12, 2012 3:27 PM

So how long till the rest of force india is up for sale, paul stoddart found out the hard way that having a succesful airline is still does not bring in enough money to run an F1 team, jackie oliver said a long time ago, 'how do you make a small fortune from grand prix racing, well start with a large fortune' bye bye fif1.



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