Mallya's London home bought using Indian taxpayers' money

Britain's Serious Fraud Office discovered that present residence of Vijay Mallya in London, 'Lady Walk', was bought using Indian taxpayers' money routed through companies located in UK. Mallya paid ₹39.7 crore from Kingfisher Airline's HSBC account in London to a British company for the house. Nearly ₹242 crore was also transferred from Kingfisher's Axis Bank account to its London accounts.