Indian business tycoons have sought asylum or relocated to other countries
Several Indian business tycoons have sought asylum or relocated to other countries due to legal issues, financial scandals, or controversies. Here are some notable examples: 1. Vijay Mallya Country of Asylum : United Kingdom Background : Vijay Mallya, former chairman of United Breweries Group and Kingfisher Airlines, fled India in 2016 after being charged with financial fraud and defaulting on loans worth around ₹9,000 crore ($1.2 billion). He has been fighting extradition to India in UK courts. 2. Nirav Modi Country of Asylum : United Kingdom Background : Nirav Modi, a diamond merchant, is accused of defrauding the Punjab National Bank (PNB) of approximately ₹14,000 crore ($2 billion) through fraudulent letters of undertaking. He fled India in early 2018 and was later found in the UK, where he is fighting extradition. 3. Mehul Choksi Country of Asylum : Antigua and Barbuda Background : Mehul Choksi, Nirav Modi’s uncle and a co-accused in the PNB fraud case, obtained citizenship in An