Have not diverted any public money to RCB:âVijay Mallya
Liquor baron Vijay Mallya has denied claims that he used borrowed public money to fund his IPL team Royal Challengers Bangalore. As per reports, emails were exchanged between Mallya and his company's Chief Financial Officer regarding borrowed money from SBI being transferred to Royal Challengers Sports Pvt Limited. SBI reportedly dishonoured the cheques issued to Mallya's sports venture.