Beleaguered business tycoon Vijay Mallya has alleged that various agencies of the government are on a witch hunt and that he was "kind of getting used to" them "from all directions with no legal basis whatsoever." — Vijay Mallya (@TheVijayMallya) January 25, 2017Mallya said it only showed what government machinery could do. CBI alleges diversion of funds OUT of Kingfisher Air.SEBI alleges diversion of funds from USL INTO Kingfisher Air.What joke is this? — Vijay Mallya (@TheVijayMallya) January 25, 2017He was reacting to recent reports where the markets regulator Securities and Exchange of India (Sebi) barred Mallya from the stock market and from holding a director position in any of the listed companies in the country. After the order, he would have to give up chairmanship at United Breweries and United Breweries (Holdings).

Source: dna January 26, 2017 08:43 UTC