What has Vijay Mallya been accused of?
Vijay Mallya, who was granted bail within hours of his arrest in London on Tuesday, faces several cases where his companies defaulted on loans worth â¹9,000 crore. This includes a complaint by IDBI Bank, wherein Mallya was charged with fraud for unpaid dues of â¹950 crore. Mallya was also barred from securities market for alleged fund diversions from United Spirits.