of tax evasion and twenty sixteen indian assets stashed overseas were estimated at around five hundred billion dollars. india s most flamboyant away for default how did it get bad for the bank how do. you get to the front gate now what has been developed by the government the country s most notorious tax dodgers v.j. madia a chairman of the multinational conglomerate united breweries group whose interests include aviation real estate and fertiliser not content but the fortune he made from a business empire including kingfisher beer he said is science son launching an airline earning him another moniker the branson of bangalore but surging oil prices and high government fuel levies sank his dream he left india after the faltering on debts of more than a billion euros linked to his failing enterprise indian authorities moved to seize
in twenty sixteen he left behind him in india over a billion dollars in unpaid debts among the lenders to come ashore see india station owned i.d.b. i bank. monday s ruling which malya can appeal means he can be extradited to his home country to face charges of money laundering and for all its. responding to the decision india s finance minister our own jackley tweeted modi government clear is one more step to get mali extradited going on to accuse the opposition of supporting scam stories in an unrelated matter. the cases become the focal point of indian prime minister new renter modi s pledge to crack down on what he calls crony capitalism. p.j. malya initially made his fortune from kingfisher beer after inheriting the company that makes it from his father he later branched out into formula one racing staying
v.j. malia shown here on his way to course in december moved to the u.k. in twenty sixteen he left behind him in india over a billion dollars in unpaid debts among the lenders to come ashore india station owned i.d.b. i bank. monday s ruling which malia can appeal means he can be extradited to his home country to face charges of money laundering and for all its. responding to the decision india s finance minister our own jackley tweeted modi government clear is one more step to get mali extradited going on to accuse the opposition of supporting scam stories in an unrelated matter. the case has become the focal point of indian prime minister new ranter a modis pledge to crack down on what he calls crony capitalism. p.j. malya initially made his fortune from kingfisher beer after inheriting the company that makes it from his father he later branched out into formula one racing staying
medical officials say hamas troops may be buried in the rubble. three french aid workers kidnaped more than five months ago in yemen have been freed by al qaeda militants. the french news agency quotes nicolas sarkozy and officials as confirming the release. no word yet on their condition. mr. sarkozy thanked the authorities for their help. an inquiry prompting by the phone hacking scandal brought down by the british tabloid gets under way in london today. investigators will look at the culture, practices and ethics of the british news media. a separate police probe of the scannedle is ongoing. those are the top stories from cnn, the world s news leader. i m zain vergee and world business today starts now. good morning from cnn london, i m charles hodson. and a very good afternoon from cnn hong kong, i m andrew stephens. you re watching world business today. our top stories this morning, the 14th of november. president obama wants asia to keep on growing but tells c