Fighting tax evasion, preventing trade-based illicit financial outflows and ending the culture of money laundering and loan defaults is a much more sustainable solution to adding to foreign exchange reserves than taking foreign loans on interest.
The Supreme Court of India shares the details of assets held by Vijay Mallya, his three children and his estranged wife to the consortium of banks led by the State Bank of India (SBI).
Fighting tax evasion, preventing trade-based illicit financial outflows and ending the culture of money laundering and loan defaults is a much more sustainable solution to adding to foreign exchange reserves than taking foreign loans on interest.
The Supreme Court of India shares the details of assets held by Vijay Mallya, his three children and his estranged wife to the consortium of banks led by the State Bank of India (SBI).