Now, Vijay Mallya may lose London mansion

Swiss bank UBS AG is seeking to evict indebted ex-Kingfisher tycoon Vijay Mallya, his mother and son from their swish multi-million-pound mansion overlooking Regent’s Park in London. The bank has applied for possession of the property in the UK High Court, the country’s third highest court, on grounds that the mortgage has expired and not been repaid.

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