Diabytes
United Spirits enquiry reveals Vijay Mallya and his firms diverted over Rs 1,225.30 crore
In an additional enquiry, United Spirits Ltd (USL), the Diageo Plc-controlled company, said that Vijay Mallya and his firms have diverted funds over Rs 1,225.30 crore between October 2010 and July 2014.
Trending Photos
7- 6
- 7
- 8
 "United Spirits enquiry reveals Vijay Mallya and his firms diverted over Rs 1,225.30 crore")
Zee Media Bureau
Mumbai: In an additional enquiry, United Spirits Ltd (USL), the Diageo Plc-controlled company, said that Vijay Mallya and his firms have diverted funds over Rs 1,225.30 crore between October 2010 and July 2014.
USL, the world's largest liquor company, informed the Bombay Stock Exchange on Saturday that it's only the court that will be in a position to make final determinations about the culpability in the fault.
It added that the additional inquiry prima facie reveals further instances of actual or potential fund diversions amounting to approximately Rs 913.50 crore as well as other potentially improper transactions involving USL and its overseas subsidiaries amounting to approximately Rs 311.80 crore,.
Diageo purchased controlling stake in United Spirits from Mallya in July 2013.
Live Tv
 "DNA: 3 Terrorists Killed in Baramulla, Kishtwar Encounter Continues")
 "DNA: Ghaziabad Shocker- Juice Shop Owner Caught Mixing Urine in Juice for Six Months")
 "DNA: Why Are Hindu Sentiments Repeatedly Hurt? A Picture from Karnataka Sparks Outrage")
 "DNA: Yogi Adityanath’s Strategic Gyanvapi Statement Explained!")
 "DNA: Kullu Residents Protest Against Outsiders Settling in Himachal")
 "DNA: UP - New Guidelines for Barawafat Processions, No New Trends Allowed")
 "DNA: Himachal CM Sukhu’s Changing Stance on Illegal Mosques!")
 "DNA: Assam CM Himanta’s Bulldozer Action Targets Illegal “Miya” Muslims")
 "DNA: Kejriwal’s Bail- What Are the 5 Conditions He Must Follow?")
 "DNA: 10 accused of Delhi riots acquitted by court")
