Seizure / forfeiture
Vijay Mallya: $1.40B moved in 2019
Indian banks pursued recovery of Kingfisher Airlines debt; assets were attached while he contested extradition in the UK.
The figure
- Amount1,400,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorBengaluru, India → London, United Kingdom
- Distance8.0K km apart
- Year reported2019
- Documentation confidence90/100
What that amount buys
$1.40B is roughly 19 long-range private jets, 3.3K median-priced US homes, or 17.4K years of median US household income.
Vijay Mallya is publicly known as former chairman, kingfisher airlines. The arc drawn for this entry joins Bengaluru and London because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →