New Delhi, June 2 (IANS) Market regulator Securities and Exchange Board of India (Sebi) on Friday ordered that absconding business tycoon Vijay Mallya shall continue to be restrained from accessing the securities market for a further three years.
According to a Sebi order in "the matter of fund diversions and or improper transactions in United Spirits", Mallya has also been restrained from holding position "as Director or Key Managerial Person of a listed company for a period of five years".
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
