It seems that Force India team principal Vijay Mallya can return to his homeland for next weekend’s Indian Grand Prix, after the arrest warrant issued against him was withdrawn.
The airline and alcohol magnate was meant to have shown up to a court case in Hyderabad last week after being taken to court by the city’s airport, which was seeking millions in unpaid debts from Mallya’s Kingfisher Airline concern.
Mallya has since coughed up the cash to avoid a stint behind bars, but the news hardly spells the end of his troubles as his airline is still massively in debt.
The entire fleet has been grounded while the airline’s staff strike for the umpteenth time over unpaid wages, with most staff having not been paid for over seven months.
Mallya’s actions may have in fact created a rod for his own back, with his actions perhaps sending a message to his other creditors that they too can recoup some of their debts simply by taking him to court.
One can therefore expect a hail of new legal suits coming his way, which hardly spells good news for his other companies and the Formula 1 team…
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