Vijay Mallya hits out at SEBI for barring him from securities market

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On Wednesday, SEBI had barred Mallya and six others from the securities market in a case related to alleged fund diversions from United Spirits, a company which the tycoon promoted before selling to Diageo. He had resigned as director and Chairman of USL in March 2016.

“For 30 years I built the World’s largest Spirits Company n (sic) India’s largest Brewing Company. Also launched the finest Airline. This is what I get,” Mallya tweeted.

He alleged that there is a witch-hunt against him by the government.

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