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A giant leap for Vijay Mallya


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srinivasa rao
Siphoning of public funds and masquerading as business tycoons
by srinivasa rao on May 24, 2007 08:33 PM

Is this the same Vijay Mallya who has collected huge fixed deposits from gullible public by floating a Non-Banking Finance Co. (McDowell Finance Co.)and siphoned-off all hard earned savings of middle class people. Overnight, he had wound-up his company and it was taken over by Krest Fin. Co. and the depositors money was swindled and never refunded. By cornering the money of countless small depositors, he is masquerading himself as a big business tycoon and hogging the lime light. Shame on Vijay Mallya and his ilk P. Rajarathinam, another fraudster described as a take over King of many loss making units based in Coimbatore who had swallowed public money deposited in EBF Fin. Co. Rediff.com should stop portraying these unscrupulous goons as business tycoons as with slush money they built up their business empires with dishonest means.

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