UK court has ordered Vijay Mallya's son to sell Force India yacht to repay Qatar National Bank loan
A UK court has ordered the sale of a luxury Force India yacht owned by Vijay Mallya's son Siddharth to repay Qatar National Bank loan. During the court proceedings, it was claimed that liquor tycoon Vijay Mallya's son Siddharth Mallya was the ultimate beneficial owner of the yacht. The outstanding loan payment to Qatar National Bank is close to 6 million euros. The yacht itself remains under arrest in Southampton.