Mallya’s abandoned luxury yacht seized over unpaid wages in Malta
A super luxury yacht owned by embattled liquor tycoon Vijay Mallya has been seized by authorities in Malta over unpaid wages amounting to USD 1 million to its crew, including some Indians, according to an international traders union. Nautilus International said the 95-metre vessel named ‘Indian Empress’ was “arrested” to recover over USD 330,000 unpaid wages and other costs on behalf of its members. Mallya, who is facing an extradition trial in London on fraud and money laundering charges involving his now-defunct Kingfisher Airlines’ default of bank loans amounting to…
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