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 Antigua and Barbuda in 2017. He fled India in January 2018. India is seeking his extradition to face charges of financial fraud.

4. Lalit Modi

  • Country of Asylum: United Kingdom
  • Background: Lalit Modi, the founder of the Indian Premier League (IPL), left India in 2010 amid allegations of financial irregularities, match-fixing, and money laundering. He has since been living in the UK.

5. Nithyananda

  • Country of Asylum: Belize (claims to have founded a new country called "Kailasa")
  • Background: Controversial self-styled godman Nithyananda fled India after being accused of rape, kidnapping, and other crimes. He allegedly purchased an island in Belize, where he claims to have founded a new country called "Kailasa."

6. Jatin Mehta

  • Country of Asylum: St. Kitts and Nevis
  • Background: Jatin Mehta, owner of Winsome Diamonds, fled India after being accused of defaulting on loans worth over ₹6,800 crore ($900 million). He and his family acquired citizenship in the Caribbean nation of St. Kitts and Nevis.

These business tycoons sought refuge or relocated to other countries to avoid legal proceedings in India. Their cases often involve complex legal battles, international diplomacy, and efforts by Indian authorities to secure their extradition.

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