Truth Vs Hype: Inside the Mallya Maze
On the face of it, the case of Vijay Mallya is on one hand of a businessman who claims he is a victim of bad economic policies, too bankrupt to pay his dues, on the other of banks who claim that despite their best efforts they lost crores of money, and of a political establishment that claims they have zero tolerance for defaulters, no matter how well connected. But as we shall see this week, no one comes out clean in the murky waters of the Mallya financial empire.
