Bahamian trusts save Vijay Mallya's luxury home in London :

Bahamian trusts save Vijay Mallya's luxury home in London

The high court in London granted Swiss bank UBS permission to take control of Vijay Mallya's London property, which overlooks Regents Park, on January 18. The bank claimed Mallya had failed to repay a 20 million pound mortgage that had been issued with the mansion as collateral, prompting the bank to issue a possession order for the over 30-bedroom residence. A favourable

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