The names of these 5 "Indian nationals" have been made public in Switzerland's Federal Gazette with regard to details sought about them by the Indian authorities.
Singapore-based Global Schools Foundation, which runs schools across Asia, has alleged that its private equity (PE) investor Baring Private Equity Asia has caused a loss of Rs 65 crore to the company.
On May 2, Aberdeen Asset Management through its fund Aberdeen Global Emerging Markets moved court against the final demand order by the income tax (I-T) department.
The FPIs who have moved court, include Luxembourg-based BNP Paribas L1 and London-based National Westminster Bank Plc, according to information available with the court’s registry department.
The board wants Mallya to step down after a probe showed that certain transactions between 2010 and July 2013 were subject to various improprieties and legal violations.
